Tuesday 26 February 2013

ALUMINIUM TREND FOR TODAY-27-FEB-2013


Aluminium is bearish for medium-long term .Currently Aluminium is in strong downtrend with good momentum 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 SELLposition.Positionally Immediate support for Aluminium is 107.Resistance for the Aluminium is 111-112-

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 109.0 The Aluminium is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 108.8 with a stop at 107.1 Below 106.7 go for sell
Intraday Resistance of ALUMINIUM are 108.6/109.2/112.6/115.6/120.7/123.7/129.3/135
Intraday Support of ALUMINIUM are 106.9/106.3/102.6/99.8/95.1/92.5/87.8/83.2


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