Thursday, 6 June 2013

ALUMINIUM TREND FOR TODAY- 07-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 . In last few days lot of positive accumulation happened in the Aluminium. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Aluminium is 106-105-103-102-. Immediate resistance for Aluminium is 112
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD LONG position Aluminium is moving sideways so short term investor better to buy only above 111.6 with stop at 106.65 The Aluminium is now trading in highly overbought level. The Zincmini is now trading in overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 111.8 with a stop at 109.5 Below 108.8 go for sell
Intraday Resistance of ALUMINIUM are 110.9 : 111.5 : 115.6 : 117.9 : 121.1 : 124.3 : 126.6 : 129
Intraday Support of ALUMINIUM are 109.7 : 109.1 : 105.1 : 103 : 100 : 97.2 : 95.1 : 93.1
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