Sunday, 2 June 2013

ALUMINIUM TREND FOR TODAY- 03-Jun-2013

Aluminium is in perfect uptrend .Currently Aluminium is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 105-103-102-. Immediate resistance for Aluminium is 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 105 The Aluminium is now trading in highly overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 107.5 with a stop at 106.2 Below 105.9 go for sell with stop at 107.2
Intraday Resistance of ALUMINIUM are 106.9 : 107.2 : 111.9 : 114.1 : 117.3 : 120.5 : 122.8 : 125.1
Intraday Support of ALUMINIUM are 106.5 : 106.2 : 101.6 : 99.5 : 96.6 : 93.8 : 91.8 : 89.8

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