India, Sept. 30 -- Technically Aluminium market is under fresh selling as market has witnessed gain in open interest by 12. 98% to settled at 557 while prices down 0.5 rupees.
Now MCX Aluminium is getting support at 144.4 and below same could see a test of 143.9 levels and resistance is now likely to be seen at 145.4 a move above could see prices testing 145.9.
Aluminium yesterday settled down by 0.34% at 144.8 as the influence of macro factors such as the US election changes in US stocks and US-China tensions on market sentiment will be monitored. China imported 429464 mt of unwrought aluminium and aluminium semis in August.
Imports rose sharply 724% year on year and 9.8% month on month the highest since April 2009 according to customs ...