Tuesday 12 November 2013

ALUMINIUM TREND FOR TODAY- 13-Nov-2013

Aluminium is in long- medium- short-medium- short- term bull phase .Currently Aluminium is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Aluminium if it close above115 or buy with strict stop at 111. The oscillator is showing BUY 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

Currently Aluminium is in HOLD LONG position In short term Aluminium is in strong up trend so hold with stop at 112 The Aluminium is now trading in highly overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 114.6 with a stop at 113.3 Below 113 go for sell with a stop at 114.3
Intraday Resistance of ALUMINIUM are 114.4 : 114.9 : 119.2 : 121.5 : 124.7 : 128 : 130.4 : 132.7
Intraday Support of ALUMINIUM are 113.2 : 112.7 : 108.5 : 106.4 : 103.4 : 100.4 : 98.4 : 96.3

 

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