ALUMINIUM TREND FOR TODAY- 07-Oct-2013

Aluminium is in long- term bull phase .Currently Aluminium is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 111-.Resistance for the Aluminium is 114-115-

Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in HOLD SHORT position Aluminium is moving sideways so short term investor better to buy if close above 115.65 closing below 109.55 Sell will happen. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 113.3 with a stop at 111 Below 110.4 go for sell and put stop at 112.7
Intraday Resistance of ALUMINIUM are 113 : 114 : 117.2 : 119.5 : 122.7 : 125.9 : 128.3 : 130.6
Intraday Support of ALUMINIUM are 110.7 : 109.7 : 106.6 : 104.5 : 101.5 : 98.6 : 96.5 : 94.5

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