Wednesday 10 April 2013

ALUMINIUM TREND FOR TODAY- 11-April-2013

23:26   , , , , ,   19 comments


Aluminium is bearish for medium-long term .Currently Aluminium is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Aluminium if it close above105 or buy with strict stop at 101. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position.Positionally Immediate support for Aluminium is 101.Resistance for the Aluminium is 104-107-108-109-

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 104.0 with stop at 102.2 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 103.8 with a stop at 102.4 Below 102 go for sell
Intraday Resistance of ALUMINIUM are 103.6/104.2/108/110.9/116/118.9/124.4/130
Intraday Support of ALUMINIUM are 102.2/101.6/98.3/95.5/90.9/88.4/83.8/79.3

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