Monday, 18 November 2013

ALUMINIUM TREND FOR TODAY- 19-Nov-2013

Aluminium is bearish for medium-long term .Currently Aluminium is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Aluminium is in SELL position.Positionally Immediate support for Aluminium is 109.Resistance for the Aluminium is 112-113-114-

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 111.0 The Aluminium is now trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 110.1 with a stop at 107.9 Below 107.3 go for sell
Intraday Resistance of ALUMINIUM are 109.8 : 110.8 : 114 : 116.2 : 119.4 : 122.6 : 124.9 : 127.2
Intraday Support of ALUMINIUM are 107.6 : 106.6 : 103.5 : 101.4 : 98.5 : 95.7 : 93.6 : 91.6

 

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