Aluminium Outlook for Today,MCX Aluminium Trend for - 13-Mar-2013

ALUMINIUM TREND & INTRADAY LEVELS

Overall trend of the Aluminium is bearish for medium-long term .Currently Aluminium is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days volume based selling happened in the Aluminium. The Aluminium is now trading in oversold level. For short term Aluminium is in HOLD SHORT position.Positionally Immediate support for Aluminium is 104.Resistance for the Aluminium is 107-110-111- Short term and Intraday Level of ALUMINIUM Currently Aluminium is in SELL position The Aluminium is in downtrend For short term buy only if close above 106.0 The Aluminium is now trading is approaching oversold level. The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 107 with a stop at 105.6 Below 105.2 go for sell and put stop at 106.6 Intraday Resistance of ALUMINIUM are 107/107.7/110.6/113.6/118.7/121.6/127.2/132.9 Intraday Support of ALUMINIUM are 105.2/104.5/100.8/98/93.3/90.8/86.1/81.5 To Get Free  Tips: FreeStock Tips Forex Tips Free Commodity Tips  Or Reach us- 8878998885, 0731-6461777.