Commodity Radar: Aluminium prices down 12% from peak, trade below key moving averages. Time to buy, says Religare analyst

Aluminium prices rose on the MCX, supported by gains in Asian markets and limited global supply after China capped output. Analysts say the metal has corrected from recent highs but remains in an upward trend, with strong support near Rs 305–310 and potential upside toward Rs 335–340 in the coming weeks.