Wednesday 17 April 2013

ALUMINIUM TREND FOR TODAY- 18-April-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 BUY signal For short term Aluminium is in HOLD SHORTposition.Positionally Immediate support for Aluminium is 98.Resistance for the Aluminium is 103-105-107-109-
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD SHORT position Aluminium is moving sideways so short term investor better to buy only above 102.95 or hold with stop at 98.05 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 103.1 with a stop at 100.7 Below 100.1 go for sell
Intraday Resistance of ALUMINIUM are 102.2/102.8/103.7/106.5/109.4/114.4/117.2/122.7/128.3
Intraday Support of ALUMINIUM are 101/100.4/99.5/96.8/94.1/89.5/87/82.4/77.9

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