Monday 11 November 2013

ALUMINIUM TREND FOR TODAY- 11-Nov-2013

Aluminium is in long- medium- short-medium- short- 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 113-112-. Immediate resistance for Aluminium is 115

Short term and Intraday Level of ALUMINIUM

Aluminium closed above 1 week high with volume signals up breakoutCurrently Aluminium is in HOLD LONG position Aluminium has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 115 with stop at 110.7 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 115 with a stop at 112.8 Below 112.2 go for sell and put stop at 114.4
Intraday Resistance of ALUMINIUM are 114.8 : 115.8 : 119 : 121.3 : 124.5 : 127.8 : 130.1 : 132.5
Intraday Support of ALUMINIUM are 112.4 : 111.4 : 108.3 : 106.2 : 103.2 : 100.3 : 98.2 : 96.1

 

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