5:30 AM
Analyst
Copper has recovered strongly today. MCX Copper has jumped 4.3 per cent and has been touch the levels of 390 at around 2 Pm. But now Copper is going below with slowly. Recently MCX Copper is trading near to 387.75, with in gain of 4 percent.
Why Copper Rate Increase Today?
U.S. non-farm payroll data is to be released today. It is believed that it has the potential to increase.
Metals Updates
The other terms of Metals Aluminum 3 per cent, 2.5 per cent nickel, 2.5 per cent lead and zinc has gained 2.3 percent.
Trading Tips
@ Sell MCX Copper when it touches the levels 390 in June Contact again targets 387 Stop Loss 393.
@ Buy MCX Lead may above 107 TGT 109 Sl 105.
Why Copper Rate Increase Today?
U.S. non-farm payroll data is to be released today. It is believed that it has the potential to increase.
Metals Updates
The other terms of Metals Aluminum 3 per cent, 2.5 per cent nickel, 2.5 per cent lead and zinc has gained 2.3 percent.
Trading Tips
@ Sell MCX Copper when it touches the levels 390 in June Contact again targets 387 Stop Loss 393.
@ Buy MCX Lead may above 107 TGT 109 Sl 105.
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