ALUMINIUM TREND FOR TODAY- 11-Sep-2013

Aluminium is in long- term bull phase .Currently Aluminium is in strong downtrend with good momentum 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 SELL signal For short term Aluminium is in SELL position.Positionally Support for the Aluminium is 111-109-.Resistance for the Aluminium is 118-119-

Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in SELL position The Aluminium is in downtrend For short term buy only if close above 116.0 The Aluminium is now trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 114.7 with a stop at 112.3 Below 111.6 go for sell
Intraday Resistance of ALUMINIUM are 114.4 : 115.5 : 118.5 : 120.8 : 124 : 127.3 : 129.7 : 132
Intraday Support of ALUMINIUM are 111.9 : 110.8 : 107.9 : 105.7 : 102.8 : 99.8 : 97.8 : 95.7

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