Monday 14 January 2013

ALUMINIUM TREND FOR TODAY-15-JAN-2013


 Aluminium is in long- term bull phase .Currently Aluminium is showing some down move and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Aluminium is in HOLD SHORT position and closed below 1 month low with volume signals down breakout.Positionally Support for the Aluminium is 110-.Resistance for the Aluminium is 112-113-114-

Short term and Intraday Level of ALUMINIUM

Aluminium and closed below 1 week low with volume signals down breakoutCurrently Aluminium is in HOLD SHORT position Aluminium is moving sideways so short term investor better to buy only above 114.95 or hold with stop at 110.75 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 113.1 with a stop at 109.7 Below 108.7 go for sell
Intraday Resistance of ALUMINIUM are 111.9/112.9/114.6/117.2/120.2/125.5/128.5/134.2/140.1
Intraday Support of ALUMINIUM are 109.9/108.9/107.2/104.1/99.3/96.7/91.9/87.1

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