Tuesday 11 June 2013

ALUMINIUM TREND FOR TODAY- 12-Jun-2013

Aluminium is in long- medium- short-medium- short- term bull phase .Currently Aluminium is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The Aluminium is now trading in overbought level. For short term The current position is BUY and Aluminium closed below 1 week low with volume signals down breakout.Positionally Support for the Aluminium is 107-105-104-103-.Resistance for the Aluminium is 109-
Short term and Intraday Level of ALUMINIUM
Aluminium and closed below 1 week low with volume signals down breakoutCurrently Aluminium is in HOLD SHORT position Aluminium is moving sideways so short term investor better to buy only above 111.95 with stop at 108.15 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 110.6 with a stop at 107 Below 106 go for sell
Intraday Resistance of ALUMINIUM are 109.3 : 110.4 : 112.1 : 113.6 : 115.8 : 119 : 122.2 : 124.5 : 126.8
Intraday Support of ALUMINIUM are 107.3 : 106.2 : 104.5 : 103.2 : 101.1 : 98.1 : 95.3 : 93.3 : 91.3

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