Japanese shipments of aluminum products rose 7.6 percent in December from a year earlier for the 13th consecutive month of year-on-year gains on solid exports to Asia, a trend that is expected to remain at least through March. Aluminium has touched a low of Rs 115.55 a kg after opening at Rs 115.55, and last traded at Rs115.85.

For today market is looking for the support at 115.6, a break below could see a test of 115.4 and where as resistance is now likely to be seen at 116, a move above could see prices testing 116.1. Trading Ideas: Aluminium trading range is 115.4-116.1. Japan Dec aluminum shipments up 7.6 pct yr/yr Aluminium is taking support at 114.80 and resistance at 117 level. Spread between aluminium FEB & MAR contracts yesterday traded in the range of 0.9 - 1.85.