Thursday, 4 July 2013

ALUMINIUM TREND FOR TODAY- 04-July-2013

Aluminium is in perfect uptrend .Currently Aluminium is in downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 106-105-104-. Immediate resistance for Aluminium is 109
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 106 The Aluminium is now trading is approaching overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 109 with a stop at 107.1 Below 106.6 go for sell with stop at 108.5
Intraday Resistance of ALUMINIUM are 108.8 : 109.6 : 113.1 : 115.3 : 118.4 : 121.6 : 123.9 : 126.3
Intraday Support of ALUMINIUM are 106.8 : 106 : 102.7 : 100.6 : 97.7 : 94.8 : 92.8 : 90.8

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