Wednesday 11 December 2013

ALUMINIUM TREND FOR TODAY- 11-Dec-2013

Aluminium is bearish for medium-long term .Currently Aluminium is moving sideways The oscillator is on BUY Signal and Aluminium is recovering from oversold level .In last 1 month volatality is very less Buy the Aluminium above 111 or buy with strict stop at 106. The oscillator is on BUY Signal and Aluminium is recovering from oversold level For short term Aluminium is in HOLD SHORT position.Positionally Immediate support for Aluminium is 106.Resistance for the Aluminium is 110-111-112-113-

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 109.4 or hold with stop at 106.7 The next resistance will be at 109.2 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 109.4 with a stop at 107.9 Below 107.5 go for sell and put stop at 109
Intraday Resistance of ALUMINIUM are 109.1 : 109.7 : 113.7 : 115.9 : 119.1 : 122.3 : 124.6 : 127
Intraday Support of ALUMINIUM are 107.8 : 107.2 : 103.3 : 101.2 : 98.3 : 95.4 : 93.4 : 91.4

 

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