Tuesday, 25 February 2014

ALUMINIUM TREND FOR TODAY- 26-Feb-2014

Aluminium is bearish for medium-long term .Currently Aluminium is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Aluminium is 106-.Resistance for the Aluminium is 108-109-
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 108.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 108 with a stop at 106.4 Below 106.1 go for sell and put stop at 107.7
Intraday Resistance of ALUMINIUM are 107.8 : 108.5 : 112.3 : 114.5 : 117.6 : 120.8 : 123.1 : 125.5
Intraday Support of ALUMINIUM are 106.3 : 105.6 : 101.9 : 99.8 : 97 : 94.1 : 92.1 : 90.1
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