Thursday, 29 August 2013

ALUMINIUM TREND FOR TODAY- 29-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 Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 120-118-114-111-109-107-. Immediate resistance for Aluminium is 131
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD LONG position In Aluminium is in up trend but last day trend was weak so adhere to stop at 119 The oscillator is showing SELL signal
Intraday Trend- Sell if open below 117.6 with stop loss at 123.7 Buy is advised only above 126.5
Intraday Resistance of ALUMINIUM are 123.4 : 126.2 : 130.8 : 131.9 : 135.3 : 137.7 : 140.1
Intraday Support of ALUMINIUM are 117.9 : 115.1 : 110.5 : 106.9 : 104.7 : 102.6

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