Friday 9 August 2013

ALUMINIUM TREND FOR TODAY- 10-Aug-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 The current position is BUY .Positionally Support for the Aluminium is 109-108-107-106-105-. Immediate resistance for Aluminium is 112
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD LONG position Aluminium is in sideways and sellers was at high so for short term better buy above 112.2 or hold with stop at 107.2 The next resistance will be at 111.55 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 112.2 with a stop at 110.5 Below 110.1 go for sell and put stop at 111.8
Intraday Resistance of ALUMINIUM are 111.9 : 112.5 : 116.5 : 118.7 : 121.9 : 125.2 : 127.5 : 129.9
Intraday Support of ALUMINIUM are 110.4 : 109.8 : 105.9 : 103.8 : 100.9 : 98 : 95.9 : 93.9

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