Friday 11 October 2013

ALUMINIUM TREND FOR TODAY- 12-Oct-2013

Aluminium is in long- short-medium- short- term bull phase .Currently Aluminium is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Aluminium if it close above116 or buy with strict stop at 110. 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 LONG position Aluminium is in sideways and sellers was at high so for short term better buy above 115 or hold with stop at 111.75 The next resistance will be at 115.05 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 115 with a stop at 112.3 Below 111.6 go for sell and put stop at 114.3
Intraday Resistance of ALUMINIUM are 114.2 : 114.9 : 118.7 : 121 : 124.2 : 127.5 : 129.8 : 132.2
Intraday Support of ALUMINIUM are 112.4 : 111.7 : 108 : 105.9 : 102.9 : 100 : 97.9 : 95.8

 

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