Wednesday, July 10, 2013

HOW TO TRADE IN MCX BASE METALS TODAY

The poor economic data of China Industrial metals have come under pressure. And all metals including copper on MCX are trading flat. Indeed, China's export and import massive decline in both. China's exports have declined by more than 3 %, while 3.7 per cent was expected. Import the second consecutive month of decline.
Copper Metals Calls


MCX Copper is currently trading around Rs 409.50 and flat. Aluminum and zinc also like Copper is trading flat. MCX Nickel is trading fall near to 0.29 % & Lead has declined by near to 0.5 percent in the domestic market.

~ Sell MCX Copper above August Delivery at around 409.50 Targets 410.50, 411.50 Stop Loss 407.50.

~ Sell MCX Lead July below 122.50 TGT 122, 121.50.  

NCDEX Calls
@ BUY JEERA AUG ABOVE 13850 TARGETS 13880 , 13910 , 13950 STOPLOSS 13790

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