ALUMINIUM TREND & INTRADAY LEVELS

ALUMINIUM TREND & INTRADAY LEVELS
                                                

Apr/01/2013.CMP-104 Overall trend of the Aluminium is bearish for medium-long term .Currently Aluminium is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Aluminium is in SELLposition.Positionally Immediate support for Aluminium is 102.Resistance for the Aluminium is 106-108-109-110-

Intraday Trend- Buy is advised above 104.7 with a stop at 103 Below 102.6 go for sell
Intraday Resistance of ALUMINIUM are 104.4/105.1/108.6/111.5/116.6/119.5/125/130.6
Intraday Support of ALUMINIUM are 102.9/102.2/98.8/96/91.4/88.9/84.3/79.7