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Copper Updates
Base metals is quite volatile. Copper, aluminum and lead are strongly seen. While on MCX Nickel is a declining trend.
The consolidation of 0.5 per cent on MCX Copper is trading at Rs 432.50. Lead and zinc also declined 0.5 per cent to Rs 102.40 and Rs 102.85 respectively are traded. Aluminum has a slight edge, but nickel is trading at Rs 942.80 to close 0.5 per cent fall.
In MCX Copper our analyst suggest that prices are taking support on the top to top rising trend line. Stochastic is in a buy mode. We expect prices to go up to levels of 435 if the prices trades above 431 levels.
MCX Commodity Tips
MCX Copper Tips
Trading Call: Buy above 431 levels with a stop loss placed below 428 levels for targets of 435 levels.
MCX Silver May
Trading Call: Sell around 56800 levels with a stop loss placed above 57200 levels for targets of 56000 levels.
MCX Gold Apr
Trading Call: Buy around 27850 levels with a stop loss placed below 27700 levels for targets of 28100 level
MCX Crude Oil
Trading Call: Sell around 5450 levels with a stop loss placed above 5475 levels for targets of 5400 levels.
