U.S. domestic primary aluminum production in January was 142,000 metric tons, up 1.4% from 140,000 tons the previous month and down26.4% from 193,000 tons in January 2009, the U.S. Geological Survey said. Aluminium has touched a low of Rs 100.8 a kg after opening at Rs 101, and last traded at Rs101.75.For today market is looking for the support at 100.8, a break below could see a test of 99.9 and where as resistance is now likely to be seen at 102.7, a move above could see prices testing 103.7.

Trading Ideas:

Aluminium trading range is 99.9-103.7.

U.S. domestic primary aluminum production in January was 142,000 metric tons

Support for aluminium is at 100.60 and resistance is at 102.90 level.

Aluminium daily stock at Shanghai exchange came up by 1027 tonnes.

SELL ALUMINIUM MAR BELOW 100 SL 100.90 TGT 99.40-98.60.MCX