Tuesday 22 January 2013

ALUMINIUM TREND FOR TODAY-23-JAN-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 108.Resistance for the Aluminium is 110-111-112-113-

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 109.0 The Aluminium is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 110.3 with a stop at 108.9 Below 108.7 go for sell and put stop at 110
Intraday Resistance of ALUMINIUM are 110.4/111.2/114.1/117.1/122.3/125.2/130.9/136.6
Intraday Support of ALUMINIUM are 108.5/107.7/104/101.2/96.5/93.9/89.1/84.4

To Get Free Tips:

9770670009,0731-3299704

0 comments :

Post a Comment