Friday 26 April 2013

ALUMINIUM TREND FOR TODAY- 27-April-2013


Aluminium is bearish for medium-long term .Currently Aluminium is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position.Positionally Immediate support for Aluminium is 98.Resistance for the Aluminium is 102-103-104-106-108-
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD LONG position In short term Aluminium is in strong up trend so hold with stop at 101 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 102.6 with a stop at 99.3 Below 98.3 go for sell with stop at 101.6
Intraday Resistance of ALUMINIUM are 101.4/102.4/104/106.4/109.3/114.4/117.2/122.7/128.3
Intraday Support of ALUMINIUM are 99.5/98.5/96.9/94/89.4/87/82.4/77.9

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