Tuesday, 14 January 2014

ALUMINIUM TREND FOR TODAY- 14-Jan-2014

Aluminium is bearish for medium-long term .Currently Aluminium is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Aluminium above 112 or buy with strict stop at 105. The oscillator is showing SELL signal For short term Aluminium is in HOLD SHORT position.Positionally Immediate support for Aluminium is 105.Resistance for the Aluminium is 109-110-112-

Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in SELL position The Aluminium is in downtrend For short term buy only if close above 108.0 The Aluminium is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 108.4 with a stop at 106.8 Below 106.4 go for sell and put stop at 108
Intraday Resistance of ALUMINIUM are 108.2 : 108.8 : 112.6 : 114.9 : 118 : 121.2 : 123.5 : 125.8
Intraday Support of ALUMINIUM are 106.6 : 106 : 102.3 : 100.2 : 97.3 : 94.4 : 92.4 : 90.4

 

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