Thursday 26 September 2013

ALUMINIUM TREND FOR TODAY- 26-Sep-2013

Aluminium is bearish for medium-long term .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 Immediate support for Aluminium is 109.Resistance for the Aluminium is 111-112-114-116-
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD SHORT position Aluminium is moving sideways with low volatality so short term investor better to buy if close above 112.15 close below 109.15 Sell will happen. The oscillator is showing BUY signal 
Intraday Trend-Intraday better to buy above 111.4 and Sell if below108.1
Intraday Resistance of ALUMINIUM are 110.5 : 111.2 : 115.1 : 117.3 : 120.5 : 123.7 : 126 : 128.4
Intraday Support of ALUMINIUM are 109 : 108.3 : 104.6 : 102.5 : 99.5 : 96.6 : 94.6 : 92.6

To Get Free Tips:

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
    Nifty Tips on mobile by SMS

    ReplyDelete