Thursday, 13 June 2013

ALUMINIUM TREND FOR TODAY- 14-Jun-2013

Aluminium is in long- medium- short-medium- term bull phase .Currently Aluminium is moving sideways The Aluminium is now trading in overbought level. The Aluminium is now trading in overbought level. The oscillator is showing SELL signal and has moved down its previous low and the negative trend is still continuing momentum also points toward negativeness. The Aluminium is now trading in overbought level. The Aluminium is now trading in overbought level. The oscillator is showing SELL signal For short term Aluminium is in HOLD SHORT position.Positionally Support for the Aluminium is 105-104-103-.Resistance for the Aluminium is 108-109-
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD SHORT position Aluminium is moving sideways so short term investor better to buy only above 111.95 or hold with stop at 105.65 The Aluminium is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 107.7 with a stop at 105.4 Below 104.7 go for sell
Intraday Resistance of ALUMINIUM are 107.5 : 108.5 : 111.4 : 113.6 : 116.8 : 119.9 : 122.2 : 124.5
Intraday Support of ALUMINIUM are 104.9 : 103.9 : 101.1 : 99 : 96.1 : 93.3 : 91.3 : 89.3

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