Wednesday, 11 December 2013

ALUMINIUM TREND FOR TODAY- 12-Dec-2013

Aluminium is bearish for medium-long term .Currently Aluminium is moving sideways The oscillator is showing BUY signal but has moved past its recent high and the positive trend is still continuing. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONGposition.Positionally Support for the Aluminium is 109-108-.Resistance for the Aluminium is 111-112-113-

Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in HOLD LONG position Aluminium is in sideways and sellers was at high so for short term better buy above 111.5 or hold with stop at 106.7 The next resistance will be at 110.4 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 111.5 with a stop at 109.4 Below 108.9 go for sell and put stop at 110.9
Intraday Resistance of ALUMINIUM are 111.1 : 112 : 115.5 : 117.7 : 120.9 : 124.1 : 126.5 : 128.8
Intraday Support of ALUMINIUM are 109.2 : 108.3 : 105 : 102.8 : 99.9 : 97 : 95 : 93

 

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