Monday 29 April 2013

ALUMINIUM TREND FOR TODAY- 30-April-2013


Aluminium is bearish for medium-long term .Currently Aluminium is in strong uptrend 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 LONG position.Positionally Immediate support for Aluminium is 98.Resistance for the Aluminium is 102-104-106-108-
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD SHORT position Aluminium is in sideways and sellers was at high so for short term better buy above 101.5 or hold with stop at 99.8 The next resistance will be at 103.8 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 101.5 with a stop at 100.2 Below 99.9 go for sell and put stop at 101.2
Intraday Resistance of ALUMINIUM are 101.3/101.9/105.4/108.2/113.3/116.1/121.5/127.1
Intraday Support of ALUMINIUM are 100.1/99.5/95.7/93/88.5/86/81.4/77

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