Category Archives: Copper Lead Free Tips Today

MCX Base Metals dropped Sharply Today @ Copper, Nickel Free Calls

Base metal has dropped sharply from the upper level and all metal, including copper, has broken 0.5 to 1 percent on the London Metal Exchange. Even with the LME, there has been a decline in metal in China. The worst fall has come in the lead. In fact, China is going to ban copper and lead scrap imports. So the sentiment of the metal market has worsened.

MCX Metals Calls for Today

Copper Tips: Buy Copper august near at 414.9 targets 416.1, 417.3 Stop Loss 413.2.

Nickel Tips: Buy Nickel august future near at 687.5 targets 689.5, 691.5 Stop Loss 686.

MCX Base Metals Trade Under Pressure Today

After boom yesterday’s MCX Base metals are trading under pressure today .However Copper has managed to make the edge.This half year copper has seen an increase at around 7 percent and its prices are at a 3-month high.

However, the best performer has proved to be a lead, because this half year has seen an increase of about 14 percent.

However today the lead is trading below 1 percent. On the MCX, Aluminum has dropped 0.1 percent to Rs 125, while Copper is growing at 0.2 percent and is looking at around Rs 385. MCX zinc is trading up 0.3% at Rs 180 today.

MCX Base Metals trade Volatile Today @ Buy Lead and Copper

Getting heavy volatility in mcx base metals. Early fall is down now. MCX Copper have broken at at around 1 percent at Rs 395. MCX Zinc have broken more than 2 percent. MCX Zinc fell by 1.8 per cent is trading at Rs 183.5. MCX Lead gain of 0.8 per cent is trading at Rs 153.5, with weakness. Aluminium is 0.3 per cent, to Rs 691, while nickel has dropped 0.9 percent today. Only Aluminium on MCX have recovered.

Trading tips for Intraday

Buy MCX Copper February at 395 targets 396.5, 398 Stop Loss 393.

Buy MCX Lead January future at 153 targets 154, 155 Stop loss 151.8.