Aluminium yesterday traded with the positive node and settled 2.04% up at 115.15. Some support had been seen from the LME stock also which came down by -3450mt, the total stock at LME is now at 4521225mt. In yesterday's trading session aluminium has touched the low of 113.3 after opening at 113.3, and finally settled at 115.15. For today's session market is looking to take support at 113.9, a break below could see a test of 112.6 and where as resistance is now likely to be seen at 115.8, a move above could see prices testing 116.5.

Trading Ideas:

Aluminium trading range is 112.6-116.5.

Aluminium yesterday traded with the positive node and settled 2.04% up

Aluminium is taking support at 114 and resistance at 116.40 level.

Aluminium weekly stocks at Shanghai exchange came down by 1323 tonnes

BUY ALUMINIUM FEB @ 114 SL 113 TGT 114.8-115.80-116.50.MCX

YESTERDAY LME STOCK FOR ALUMINIUM CAME DOWN BY -3450