Japanese shipments of aluminium products rose 4.2 percent in January from a year earlier to 156,643 tonnes, industry data showed. Aluminium has touched a low of Rs 115.8 a kg after opening at Rs 115.9, and last traded at Rs115.95. For today market is looking for the support at 115.8, a break below could see a test of 115.6 and where as resistance is now likely to be seen at 116.2, a move above could see prices testing
116.4.

Trading Ideas:

Aluminium trading range is 115.6-116.4.

Japan Jan aluminium shipments up 4.2 pct yr/yr

Aluminium is taking support at 114.80 and resistance at 117.20 level.

Aluminium weekly stocks at Shanghai exchange came down by 3088 tonnes.

YESTERDAY LME STOCK FOR ALUMINIUM CAME DOWN BY -4625