Aluminium has touched a low of Rs 92.4 a kg after opening at Rs 96.55, and last traded at Rs94.5.For today market is looking for the support at 92.2, a break below could see a test of 89.9 and where as resistance is now likely to be seen at 97, a move above could see prices testing 99.5.

Trading Ideas:

Aluminium trading range is 89.9-99.5.

Aluminum ended down tracking weakness in other metals  

Support for aluminium is at 95.50 and resistance is at 97.70 level.

Aluminium daily stock at Shanghai exchange came down by -348 tonnes.

BUY ALUMINIUM MAY ABV 95 SL 94 TGT 95.80-96.50-97.20.MCX