Tuesday 24 September 2013

ALUMINIUM TREND FOR TODAY- 24-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 .. The Aluminium is now trading in oversold level. The Aluminium is now trading in oversold level. The oscillator is showing BUY signal For short term Aluminium is in HOLD SHORT position.Positionally Support for the Aluminium is 110-.Resistance for the Aluminium is 113-114-117-
Short term and Intraday Level of ALUMINIUM
Aluminium is in sideways and sellers was at high so for short term better buy above 112.9 or hold with stop at 109.15 The next resistance will be at 112.15 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 112.9 with a stop at 110.9 Below 110.4 go for sell and put stop at 112.4
Intraday Resistance of ALUMINIUM are 112.7 : 113.6 : 117 : 119.3 : 122.5 : 125.7 : 128.1 : 130.4
Intraday Support of ALUMINIUM are 110.6 : 109.7 : 106.4 : 104.3 : 101.3 : 98.4 : 96.4 : 94.3

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1 comments :

  1. Today’s most accurate tip for commodity
    ALUMINIUM (31 DEC) TREND: CONSOLIDATE
    RES 1: 108
    RES 2: 109
    SUPP 1: 105.50
    SUPP 2: 104
    STRATEGY: SELL ON HIGH
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