Monday, 1 July 2013

ALUMINIUM TREND FOR TODAY- 02-July-2013

Aluminium is in perfect uptrend .Currently Aluminium is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Aluminium is in HOLD SHORT position.Positionally Support for the Aluminium is 106-105-104-103-. Immediate resistance for Aluminium is 107
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD LONG position Aluminium has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 109 with stop at 103.25 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 109 with a stop at 106.2 Below 105.4 go for sell and put stop at 108.2
Intraday Resistance of ALUMINIUM are 108.8 : 110.1 : 112.4 : 114.7 : 117.8 : 121 : 123.3 : 125.6
Intraday Support of ALUMINIUM are 105.6 : 104.3 : 102.1 : 100 : 97.1 : 94.2 : 92.2 : 90.2

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1 comments :

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