Thursday 23 January 2014

ALUMINIUM TREND FOR TODAY- 24-Jan-2014

Aluminium is bearish for medium-long term .Currently Aluminium is moving sideways The oscillator is showing BUY signal and has moved down its previous low. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position.Positionally Immediate support for Aluminium is 107.Resistance for the Aluminium is 109-110-111-
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD SHORT position The Aluminium is in downtrend For short term buy only if close above 109.0 The Aluminium is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 108.4 with a stop at 107 Below 106.6 go for sell
Intraday Resistance of ALUMINIUM are 108.2 : 108.7 : 112.7 : 115 : 118.1 : 121.3 : 123.6 : 125.9
Intraday Support of ALUMINIUM are 106.8 : 106.3 : 102.4 : 100.3 : 97.4 : 94.5 : 92.5 : 90.5

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