Production increase in Aluminum

India's state-owned National Aluminium Co Ltd has produced 431,000 tonnes of aluminium in 2009-10, an increase of 19.4%, against 361,000 tonnes in 2008-09.

Aluminium has touched a low of Rs 103.55 a kg after opening at Rs 104.85, and last traded at Rs104.

For today market is looking for the support at 103.4, a break below could see a test of 102.8 and where as resistance is now likely to be seen at 104.8, a move above could see prices testing 105.6.