ALUMINIUM TREND FOR TODAY- 14-Sep-2013

Aluminium is in long- term bull phase .Currently Aluminium is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days volume based selling happened in the Aluminium 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 111-110-.Resistance for the Aluminium is 113-116-118-119-

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 114.0 The Aluminium is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 113.4 with a stop at 110.7 Below 110 go for sell
Intraday Resistance of ALUMINIUM are 113.2 : 114.4 : 117 : 119.3 : 122.5 : 125.8 : 128.1 : 130.5
Intraday Support of ALUMINIUM are 110.2 : 109 : 106.5 : 104.3 : 101.4 : 98.5 : 96.4 : 94.4

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