Tuesday 26 November 2013

ALUMINIUM TREND FOR TODAY- 26-Nov-2013

Aluminium is bearish for medium-long term .Currently Aluminium is in strong downtrend but volume is unsatisfactory 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 Immediate support for Aluminium is 108.Resistance for the Aluminium is 110-111-112-113-114-

Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in HOLD LONG position Aluminium is moving sideways so short term investor better to buy only above 110.7 or hold with stop at 107.85 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 109.5 with a stop at 107.3 Below 106.8 go for sell
Intraday Resistance of ALUMINIUM are 109.3 : 110.3 : 113.4 : 115.6 : 118.8 : 122 : 124.3 : 126.6
Intraday Support of ALUMINIUM are 107 : 106 : 103 : 100.9 : 98 : 95.1 : 93.1 : 91.1

 

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1 comments :

  1. I really appreciate your post and you explain each and every point very well. Today Indian stock market Live Updates Equity Tips

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