Archive · 22 Sep 2025
Aluminum Futures: Analysts Recommend 'Buy' at ₹257
Imagine you're buying a toy car made of aluminum.
The price of aluminum has been going up and down lately.
Last week, it went down a bit, but the week before, it went up, and analysts think it will go up again.
Right now, it is trading around ₹258, which is near a key level of ₹256.
Experts suggest buying the 'toy car' when it costs ₹257, expecting the price to go up to ₹265-270 soon, and maybe even ₹285 later.
If the price drops to ₹254, it's time to sell, just in case.
The overall feeling is that the price will increase.
Aluminum futures saw a 1.5% decline last week, closing at ₹257.20 (per kg).
The week prior, the price increased by 2.8%.
Analysts anticipate a price rally, with a target range of ₹265-270 in the near term.
The stop-loss is set at ₹254.
A decisive breach below ₹247 would signal a bearish trend.
- Who
- Analysts
- What
- Recommend buying aluminium futures
- When
- As of September 22, 2025
- Where
- N/A
- Why
- Uptrend expected to resume.
- Current Price
- ₹258
- September Contract Close (Friday)
- ₹257.20 per kg
- Recent Price Decline
- 1.5%
- Prior Week's Increase
- 2.8%
- Target Price
- ₹265-270 (near-term), ₹285 (breakout)
- Stop-loss
- ₹254
- Support Levels
- ₹256, ₹252, ₹250, ₹247, ₹238
- Published Date
- September 22, 2025