Thursday 7 November 2013

ALUMINIUM TREND FOR TODAY- 08-Nov-2013

Aluminium is in long- short-medium- term bull phase .Currently Aluminium is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Aluminium above 115 or buy with strict stop at 111. The oscillator is showing SELL signal For short term Aluminium is in HOLD SHORT position.Positionally Support for the Aluminium is 112-.Resistance for the Aluminium is 114-

Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in HOLD SHORT position The Aluminium is in slight down trend. Hold short with tight stop at 113.0 If trades and sustain above 112.0 it is again selling signal The oscillator is showing BUY signal 
Intraday Trend-The Aluminium closed in a confusion manner So buy for intraday only above 114 with a stop at 112 If opens below 112 or trade below 111.5 be cautious or go for sell with stop at 113.5
Intraday Resistance of ALUMINIUM are 113.3 : 113.7 : 118.1 : 120.4 : 123.6 : 126.9 : 129.2 : 131.6
Intraday Support of ALUMINIUM are 112.2 : 111.8 : 107.5 : 105.4 : 102.4 : 99.5 : 97.4 : 95.3

 

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