ALUMINIUM:
Trend updated for-Dec/22/2012.CMP-113 The Aluminium is in
long- medium- term bull phase .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 . In last few days volume based selling happened in
the Aluminium. The oscillator is showing SELL signal For short term Aluminium
is in SELL position.Positionally Support for the Aluminium is
109-108-.Resistance for the Aluminium is 113-114-
COPPER:
Trend updated for-Dec/22/2012.CMP-439 The Copper is in
long- medium- term bull phase .Currently Copper is in strong downtrend with
good momentum 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 Copper Noting point is selling at lower levels seems decreasing. The
oscillator is showing SELL signal For short term Copper is in SELL
position.Positionally Support for the Copper is 433-431-429-.Resistance for the
Copper is 443-445-446-
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ReplyDeleteMCX Gold rate managed to close daily candlestick underneath at the 31000 level, which mainly supports the continuance of our bearish impression up to the 30850 level in future sessions.
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