Sunday, June 9, 2013

MCX @ Copper Updates & Prices-Lead, nickel, Aluminum Tips Today

Copper MCX: Today is copper flow to skyline, Buy on copper for the June contract, and the MCX would be around 417 on higher levels, while 411.39 support levels for the day. We are expecting to buy copper above 413.50 and Targets 414.50, 415.50 Stop Loss 411.50(CMP- 413.21).
Metals Commodity

Nickel: Intraday resistance can be find at 869, while support near to 863.29. You can buy on dips with in levels of 865.70(CMP- 865.50). 

Lead:- MCX Lead prices are expected to trade within 121 t0 125, One Can buy lead June 123 Targets 124, 125 Stop Loss 121.  

Aluminum:- MCX Aluminum are seeing positively with green signal. Current market levels 110. Now we advise to all buy Aluminum current market price.


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