Sunday 14 July 2013

ALUMINIUM TREND FOR TODAY- 15-July-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 . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 108-107-106-104-. Immediate resistance for Aluminium is 109
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD LONG position The Aluminium is not giving any clear signal So buy only if close above109.2 and sell below 105.55 The oscillator is showing BUY signal 
Intraday Trend-The Aluminium closed in a confusion manner So buy for intraday only above 109.9 with a stop at 107.9 If opens below 107.9 or trade below 107.4 be cautious or go for sell with stop at 109.4
Intraday Resistance of ALUMINIUM are 108.7 : 108.8 : 113.9 : 116.2 : 119.3 : 122.5 : 124.8 : 127.2
Intraday Support of ALUMINIUM are 108.6 : 108.5 : 103.5 : 101.4 : 98.5 : 95.6 : 93.6 : 91.6

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