The price of Aluminium gain by 0.90 per cent in the afternoon market pertaining to strong demand in the spot market. Sentiment further strengthened as demand from consuming industries increased, thus helping Aluminium future to trade higher. At the MCX, Aluminium futures for April 2016 contract is trading at Rs 100.60 per Kg, up by 0.90 per cent after opening at Rs 99.90, against the previous closing price of Rs 99.70. It touched the intra-day high of Rs 100.80.

Trading Ideas: 

Aluminium trading range for the day is 106.9-111.9.      
Aluminum headed for the biggest weekly advance in three years on signs of improving demand in China, even as Goldman Sachs Group Inc. predicted lower prices.        
Rising metal prices are due to a higher risk appetite among market players which can also be seen in rising stock markets and higher oil prices.   

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