Sunday, 30 June 2013

ALUMINIUM TREND FOR TODAY- 01-July-2013

Aluminium is in long- medium- term bull phase .Currently Aluminium is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is on BUY Signal and Aluminium is recovering from oversold level For short term Aluminium is in HOLD SHORTposition.Positionally Support for the Aluminium is 104-103-.Resistance for the Aluminium is 107-
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 104 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 106.4 with a stop at 104.3 Below 103.7 go for sell with a stop at 105.8
Intraday Resistance of ALUMINIUM are 105.4 : 105.7 : 110.2 : 112.4 : 115.5 : 118.7 : 121 : 123.3
Intraday Support of ALUMINIUM are 104.7 : 104.4 : 100 : 97.9 : 95.1 : 92.2 : 90.2 : 88.3

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