ALUMINIUM TREND FOR TODAY- 19-Oct-2013

Aluminium is bearish for medium-long term.Currently Aluminium is showing some down move and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Aluminium is in HOLD SHORT position.Positionally Immediate support for Aluminium is 110.Resistance for the Aluminium is 112-113-115-

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 112.0 The Aluminium is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 111.9 with a stop at 110.1 Below 109.7 go for sell
Intraday Resistance of ALUMINIUM are 111.7 : 112.4 : 116.1 : 118.4 : 121.6 : 124.8 : 127.2 : 129.5
Intraday Support of ALUMINIUM are 109.9 : 109.2 : 105.6 : 103.5 : 100.5 : 97.6 : 95.6 : 93.6

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