Russia's aluminum output in January-February fell by 5.9% on the year%, the state statistics committee reported. Aluminium has touched a low of Rs 100.25 a kg after opening at Rs 101.55, and last traded at Rs101.65.For today market is looking for the support at 100.7, a break below could see a test of 99.7 and where as resistance is now likely to be seen at 102.2, a move above could see prices testing 102.8.

Trading Ideas:

Aluminium trading range is 99.7-102.8.

Russia's aluminum output in January-February fell by 5.9% on the year

Support for aluminium is at 100.70 and resistance is at 102.20 level.

Aluminium daily stock at Shanghai exchange down by -249 tonnes.

BUY ALUMINIUM MAR @ 101 SL 100.20 TGT 101.80-102.60-103.20.MCX