Archive · 28 Oct 2025
Aluminium Futures Remain Bullish, Analysis Suggests
Since May, aluminium prices have increased by approximately 18%, currently trading at ₹271.
The outlook is positive as long as the price stays above ₹269.50; it might reach ₹280.
Traders could consider buying at ₹271 and set a stop-loss at ₹267.
If the price falls below ₹269.50, the outlook may become negative, potentially dropping to ₹262.
However, this could be a correction within the larger uptrend.
Aluminium prices have risen approximately 18% since May.
The November Futures contract is trading at ₹271 per kg.
The outlook is bullish if the contract stays above ₹269.50.
Immediate resistance is at ₹275; a break above could lead to ₹280.
A decline below ₹269.50 could lead to a short-term negative outlook.
- Who
- Traders
- What
- Analysis of Aluminium Futures
- When
- October 27, 2025
- Where
- Multi Commodity Exchange (MCX)
- Why
- To provide market insights and trade strategies.
Bullish View
Bearish View
Price Movement
Bullish View
Prices are expected to rise with the potential to reach ₹280.
Bearish View
If the price falls below ₹269.50, a negative trend could begin, potentially dropping to ₹262.
- Contract
- Aluminium November Futures (MCX)
- Current Price
- ₹271 per kg
- Support Level
- ₹269.50
- Immediate Resistance
- ₹275
- Potential Target
- ₹280
- Stop Loss (Trade Strategy)
- ₹267
- Initial Low (May)
- ₹230 per kg
- Uptrend Percentage
- 18%