U.S. domestic primary aluminum production in March was 146,000 metric tons, up 12.3% from 130,000 tons the previous month but down5.2% from 154,000 tons in March 2009, the U.S. Geological Survey said. Aluminium has touched a low of Rs 93.45 a kg after opening at Rs 94.35, and last traded at Rs94.85.For today market is looking for the support at 93.8, a break below could see a test of 92.7 and where as resistance is now likely to be seen at 95.6, a move above could see prices testing 96.4.

Trading Ideas:

Aluminium trading range is 92.7-96.4.

U.S. domestic primary aluminum production in March was 146,000 metric tons

Support for aluminium is at 93.80 and resistance is at 95.60 level.

Aluminium daily stock at Shanghai exchange came down by -1641 tonnes.

SELL ALUMINIUM MAY @ 95.50 SL 97 TGT 94.50-92.20.MCX