ALUMINIUM TREND FOR TODAY-15-FEB-2013

Aluminium is in perfect uptrend .Currently Aluminium is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Aluminium. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position and closed above 1 month high with volume signals up breakout.Positionally Support for the Aluminium is 112-110-. Immediate resistance for Aluminium is 115

Short term and Intraday Level of ALUMINIUM

Aluminium closed above 1 week high with volume signals up breakoutCurrently Aluminium is in HOLD LONG position Aluminium is in sideways and sellers was at high so for short term better buy above 115.5 or hold with stop at 111.75 The next resistance will be at 114.85 The Aluminium is now trading in highly overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 115.5 with a stop at 114.1 Below 113.8 go for sell and put stop at 115.2
Intraday Resistance of ALUMINIUM are 115.2/115.7/119.6/122.7/128.1/131.1/136.8/142.8
Intraday Support of ALUMINIUM are 114.1/113.6/109.4/106.5/101.6/99/94.1/89.3

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