ALUMINIUM TREND FOR TODAY- 03-Sep-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 oscillator is on SELL signal and Aluminium is coming down from overbought level For short term Aluminium is in HOLD LONGposition.Positionally Support for the Aluminium is 121-120-116-112-110-108-. Immediate resistance for Aluminium is 131

Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in HOLD SHORT position The Aluminium is in downtrend For short term buy only if close above 122.0 The Zincmini is now trading in overbought level. The oscillator is on SELL signal and Zincmini is coming down from overbought level
Intraday Trend- Buy is advised only above 124.9 with a stop at 120 Below 118.5 go for sell and put stop at 123.4
Intraday Resistance of ALUMINIUM are 123.4 : 124.8 : 127.3 : 129.6 : 133 : 136.4 : 138.8 : 141.3
Intraday Support of ALUMINIUM are 120 : 118.6 : 116.2 : 114 : 110.9 : 107.9 : 105.7 : 103.6

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