Brazilian primary aluminum production grew to 130,900 metric tons in May, up 1.4% over the same month a year ago, the Brazilian Aluminum Producers Association, or Abal, said. Aluminium has touched a low of Rs 91.55 a kg after opening at Rs 93.1, and last traded at Rs92.1.For today market is looking for the support at 91.1, a break below could see a test of 90.2 and where as resistance is now likely to be seen at 93.5, a move above could see prices testing 94.9.

Trading Ideas:

Aluminium trading range is 90.2-94.9.

Brazilian primary aluminum production grew to 130,900 metric tons

Support for aluminium is at 91.10 and resistance is at 93.50 level.

Spread between aluminium JUN & JUL contracts yesterday traded in the range of 0.9 - 1.05.

SELL ALUMINIUM JUNE @ 92.50 SL 93.60 TGT 91.80-90.80.MCX