Sunday, 23 June 2013

ALUMINIUM TREND FOR TODAY- 24-Jun-2013

Aluminium is in long- medium- term bull phase .Currently Aluminium is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Aluminium is in SELLposition.Positionally Support for the Aluminium is 104-103-.Resistance for the Aluminium is 106-107-
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD SHORT position Aluminium is moving sideways so short term investor better to buy only above 106.75 or hold with stop at 103.7 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 106.2 with a stop at 104.2 Below 103.6 go for sell
Intraday Resistance of ALUMINIUM are 105.1 : 105.2 : 110.1 : 112.3 : 115.4 : 118.5 : 120.8 : 123.1
Intraday Support of ALUMINIUM are 104.7 : 104.6 : 99.8 : 97.8 : 94.9 : 92.1 : 90.1 : 88.1

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