ALUMINIUM TREND FOR TODAY- 07-Sep-2013

Aluminium is in long- medium- term bull phase .Currently Aluminium is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Aluminium is in SELL position.Positionally Support for the Aluminium is 113-110-109-.Resistance for the Aluminium is 119-120-121-

Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in HOLD SHORT position Aluminium is in sideways so for short term better buy above 123.95 with stop at 115.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 118.6 with a stop at 115.1 Below 114.1 go for sell
Intraday Resistance of ALUMINIUM are 117.6 : 118.7 : 121.8 : 124.1 : 127.4 : 130.7 : 133.1 : 135.5
Intraday Support of ALUMINIUM are 115.1 : 114 : 111 : 108.8 : 105.8 : 102.8 : 100.7 : 98.7

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