Sunday, 16 February 2014

ALUMINIUM TREND FOR TODAY- 17-Feb-2014

Aluminium is bearish for medium-long term .Currently Aluminium is moving sideways The oscillator is on BUY Signal and Aluminium is recovering from oversold level .In last 1 month volatality is very less and fresh Buy can be considered in the Aluminium if it close above109 or buy with strict stop at 104. The oscillator is on BUY Signal and Aluminium is recovering from oversold level For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 105-.Resistance for the Aluminium is 107-108-109-110-
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD LONG position Aluminium is moving sideways so short term investor better to buy only above 107.0 with stop at 103.7 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 106.8 with a stop at 105.4 Below 105.1 go for sell
Intraday Resistance of ALUMINIUM are 106.6 : 107.1 : 111.2 : 113.4 : 116.5 : 119.7 : 122 : 124.3
Intraday Support of ALUMINIUM are 105.3 : 104.8 : 100.9 : 98.8 : 95.9 : 93.1 : 91.1 : 89.1
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