Thursday, 29 August 2013

ALUMINIUM TREND FOR TODAY- 30-Aug-2013

Aluminium is in perfect uptrend .Currently Aluminium is in strong uptrend but volume is unsatisfactory 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 120-119-115-111-109-108-. Immediate resistance for Aluminium is 131
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD LONG position Aluminium is moving sideways so short term investor better to buy only above 130.0 with stop at 117.65 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 124.4 with a stop at 120.4 Below 119.3 go for sell
Intraday Resistance of ALUMINIUM are 123 : 124.2 : 126.1 : 127.4 : 129.8 : 133.1 : 136.5 : 139 : 141.4
Intraday Support of ALUMINIUM are 120.7 : 119.5 : 117.6 : 116.4 : 114.2 : 111.1 : 108 : 105.9 : 103.7

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