Aluminium Outlook for Today,MCX Aluminium Trend for - 14-Mar-2013
Overall trend of the Aluminium is bearish for medium-long term .Currently Aluminium is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Aluminium is now trading in oversold level. The Aluminium is now trading in oversold level. The oscillator is showing BUY signal For short term Aluminium is in HOLD SHORT position.Positionally Immediate support for Aluminium is 104.Resistance for the Aluminium is 107-110-111-
Currently Aluminium is in HOLD SHORT position Aluminium is moving sideways so short term investor better to buy only above 106.75 or hold with stop at 104.15 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 106.7 with a stop at 105.3 Below 105 go for sell
Intraday Resistance of ALUMINIUM are 106.5/107/111.1/114/119.2/122.1/127.7/133.4
Intraday Support of ALUMINIUM are 105.2/104.7/101.2/98.4/93.7/91.2/86.5/81.9 |
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