ALUMINIUM TREND FOR TODAY- 02-Jan-2014

Aluminium is bearish for medium-long term .Currently Aluminium is in downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 109-108-.Resistance for the Aluminium is 111-112-

Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in HOLD LONG position In short term Aluminium is in strong up trend so hold with stop at 110 Very Short term investor please cautious on Aluminium as it is moving with low volatality The Aluminium is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 111.2 with a stop at 109.4 Below 109 go for sell with a stop at 110.8
Intraday Resistance of ALUMINIUM are 110.5 : 110.9 : 115.4 : 117.7 : 120.8 : 124.1 : 126.4 : 128.8
Intraday Support of ALUMINIUM are 109.7 : 109.3 : 104.9 : 102.8 : 99.9 : 97 : 94.9 : 92.9

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