Aluminum gains on supportive demand

Kazakhstan's aluminum production in January and February  increased by 6.3% on the year to 296,340 metric tons. 

Aluminium has touched a low of Rs 100.75 a kg after opening  at Rs 102.2, and last traded at Rs100.9. 

For today market is looking for the support at 100.4, a break  below could see a test of 99.8 and where as resistance is now likely to be seen at 101.8, a move above could see prices  testing 102.7. 

Trading Ideas: 

Aluminium trading range is 99.8-102.7. 

Kazakhstan's aluminum production in January and February  increased by 6.3% 

Support for aluminium is at 99.90 and resistance is at 101.80  level. 

Aluminium daily stock at Shanghai exchange yesterday came  up by 4399 tonnes. 

BUY ALUMINIUM MAR ABV 101.50 SL 100.70 TGT 102.60- 103.20-104.MCX