ALUMINIUM TREND FOR TODAY- 06-Sep-2013

Aluminium is in long- medium- short-medium- term bull phase .Currently Aluminium is in strong downtrend with good momentum 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 Support for the Aluminium is 117-112-110-109-.Resistance for the Aluminium is 120-121-

Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in HOLD SHORT position Aluminium is in sideways and sellers was at high so for short term better buy above 120.4 or hold with stop at 115.0 The next resistance will be at 123.95 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 120.4 with a stop at 116.9 Below 115.9 go for sell and put stop at 119.4
Intraday Resistance of ALUMINIUM are 119.2 : 120.2 : 121.9 : 123.6 : 126 : 129.3 : 132.6 : 135 : 137.4
Intraday Support of ALUMINIUM are 117.1 : 116.1 : 114.4 : 112.8 : 110.6 : 107.5 : 104.5 : 102.4 : 100.3

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