ALUMINIUM TREND FOR TODAY- 23-Aug-2013

Aluminium is in perfect uptrend .Currently Aluminium is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The Aluminium is now trading in overbought level. The Aluminium is now trading in overbought level. The oscillator is showing SELL signal For short term The current position is BUY .Positionally Support for the Aluminium is 117-114-111-109-108-106-. Immediate resistance for Aluminium is 122

Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in HOLD SHORT position Aluminium is moving sideways so short term investor better to buy only above 122.5 or hold with stop at 116.25 The Aluminium is now trading is approaching overbought level. The oscillator is on SELL signal and Aluminium is coming down from overbought level
Intraday Trend- Buy is advised above 121 with a stop at 116.8 Below 115.5 go for sell
Intraday Resistance of ALUMINIUM are 119.5 : 120.7 : 122.8 : 123.7 : 126.1 : 129.4 : 132.7 : 135.1 : 137.6
Intraday Support of ALUMINIUM are 117 : 115.8 : 113.7 : 110.7 : 107.6 : 104.6 : 102.5 : 100.4

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