Tuesday 8 October 2013

ALUMINIUM TREND FOR TODAY- 09-Oct-2013

Aluminium is in long- short-medium- short- term bull phase .Currently Aluminium is in strong uptrend with good momentum 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 The current position is BUY.Positionally Support for the Aluminium is 112-111-.Resistance for the Aluminium is 115-

Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in HOLD SHORT position Aluminium is in sideways and sellers was at high so for short term better buy above 115.5 or hold with stop at 110.05 The next resistance will be at 114.75 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 115.5 with a stop at 113.2 Below 112.6 go for sell and put stop at 114.9
Intraday Resistance of ALUMINIUM are 115.3 : 116.3 : 119.5 : 121.7 : 125 : 128.3 : 130.6 : 133
Intraday Support of ALUMINIUM are 112.8 : 111.8 : 108.8 : 106.6 : 103.6 : 100.7 : 98.6 : 96.5

 

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