Monday, 26 August 2013

ALUMINIUM TREND FOR TODAY- 26-Aug-2013

Aluminium is in perfect uptrend .Currently Aluminium is moving sideways The Aluminium is now trading in overbought level. The Aluminium is now trading in overbought level. The oscillator is showing SELL signal .In last 3 weeks Aluminium is trading in low volatality and fresh Buy can be considered in the Aluminium if it close above122 or buy with strict stop at 107. 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 Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 118-116-112-110-109-107-. Immediate resistance for Aluminium is 122
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD LONG position Aluminium is in profit booking mode so either sell of or keep stop at118 so better sell and enter at lower level The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 120.8 with a stop at 118.5 Below 117.9 go for sell
Intraday Resistance of ALUMINIUM are 119.7 : 120 : 124.9 : 127.2 : 130.5 : 133.9 : 136.3 : 138.7
Intraday Support of ALUMINIUM are 119 : 118.7 : 114 : 111.7 : 108.7 : 105.7 : 103.5 : 101.4

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