The price of Aluminium witnessed a smart up move during the previous session of trade. We believe that the current up move will gain more strength once the price of Aluminum breaks out of a key resistance placed at the Rs 120.20 levels. The price of Aluminium is also sustaining above its key moving average clusters. Thus, traders can buy on a break above Rs 120.20 levels with a stop loss placed below Rs 119.25 levels for targets of Rs 121.25 / Rs 122 levels.
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