Brazil's primary aluminum output fell 16 percent in October to 119,700 tonnes, compared to the 141,600 tonnes produced in the same month last year. Aluminium has touched a low of Rs 92.05 a kg after opening at Rs 92.75, and last traded at Rs93.3. For today market is looking for the support at 92.4, a break below could see a test of 91.5 and where as resistance is now likely to be seen at 93.85, a move above could see prices testing 94.4.

Trading Ideas:

ALUMINIUM TRADING RANGE IS 90-97.

BRAZIL OCT. PRIMARY ALUMINUM OUTPUT DOWN 16 PCT

BUY ALUMINIUM @ 92.80 SL 91.90 TGT 93.20-94.50-96.MCX

ALUMINIUM IS GETTING RES AT 94.40 ABOVE THIS NEXT RES IS AT 95.30-96.50.

ALUMINIUM DAILY STOCK AT SHANGHAI EXCHANGE CAME UP BY 427