ALUMINIUM TREND FOR TODAY- 08-Oct-2013

Aluminium is in long- short-medium- short- term bull phase .Currently Aluminium is in strong uptrend but volume is unsatisfactory 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 112-111-.Resistance for the Aluminium is 115-

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 113.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 113.7 with a stop at 112.2 Below 111.8 go for sell and put stop at 113.3
Intraday Resistance of ALUMINIUM are 113.3 : 113.8 : 118.1 : 120.4 : 123.6 : 126.9 : 129.2 : 131.6
Intraday Support of ALUMINIUM are 112.2 : 111.7 : 107.5 : 105.4 : 102.4 : 99.5 : 97.4 : 95.3

 

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