Aluminium fell to a three-month low on speculation that European measures to curb debt will erode economic growth. Aluminium has touched a low of Rs 89.85 a kg after opening at Rs 93, and last traded at Rs90.2.For today market is looking for the support at 89, a break below could see a test of 87.8 and where as resistance is now likely to be seen at 92.3, a move above could see prices testing 94.4.

Aluminium trading range is 87.8-94.4.

Aluminium fell on speculation that European measures to curb debt will erode growth

Support for aluminium is at 89 and resistance is at 92.30 level.

Aluminium daily stock at Shanghai exchange came up by 12278 tonnes.

SELL ALUMINIUM MAY @ 92.50 SL 93.40 TGT 91.80-91.10-90.40.MCX