Wednesday, 25 September 2013

ALUMINIUM TREND FOR TODAY- 25-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 . Noting point is selling at lower levels seems decreasing. 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 112-113-114-116-
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 112.15 with stop at 109.15 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 111.8 with a stop at 109.8 Below 109.3 go for sell
Intraday Resistance of ALUMINIUM are 111.3 : 112 : 115.9 : 118.1 : 121.3 : 124.5 : 126.9 : 129.2
Intraday Support of ALUMINIUM are 109.8 : 109.1 : 105.4 : 103.2 : 100.3 : 97.4 : 95.3 : 93.3

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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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