Category Archives: MCX base metals Trading levels

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 Metal Broken Today @ Trend For trading

Decline in MCX base metals in the commodity market. All metals including copper are broken. Zinc declined the most. MCX Aluminium is trading close to the 0.70 percent fall to Rs 95. The copper around Rs 340 with mild weakness is visible. Lead is trading with weakness of 0.45 percent. The nickel is visible above Rs 670 with flat move. The zinc is trading around 0.75 per cent to Rs 114.

All MCX base metal are trading are seeing bearish zone, So you can sell for it shor term, If you Want Buy MCX Copper or other metals than you can wait and Buy with lower levels.