Monday, 23 July 2012
MCX BASE METALS COMMENTARY AND MCX SURE SHOT TIPS
There are having mixed business in MCX Base metal, In
copper, nickel, and lead are showing down trend 0.3 to 0.5%.But still these
down trending aluminum and zinc are businesses on up trend in market. Current prices of zinc are 101.7 with -0.55 %
changes. Copper price are 419.55 with -2.75 % changes. Nickel prices are 879
with -6.4 % chng and lead prices are 103.95 with -0.8% chng.
MCX Aluminum Trading
Tips
Overall trend of the Aluminum is bearish for
medium-long term .Currently Aluminum is moving sideways The oscillator is
showing SELL signal
SELL ALUMINIUM
JULY BELOW 104 TARGETS 103.5, 103,
102.5 STOPLOSS 104.9
MCX Copper Trading
Tips
Overall
trend of the Copper is bearish for medium-long term .Currently Copper is in
strong uptrend and the trend is supported with good volume The open interest is
not increasing with trend . Cautious point is buying at higher levels.
MCX Copper is showing volatile; But Traders can buy Copper above 419 within Targets 420, 421 and Stop Loss 416.
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