On the London Metal Exchange, the base metal is also weak and all metals including Copper are trading on the decline. The rupee has again weak against the dollar today. Aluminium on MCX is trading below Rs. 140 with a slight weakness of 0.07%. At the same time, the Copper is looking at around Rs 430.3 with the strength of 0.4 percent. The lead on MCX fell 0.06 percent and is trading around Rs. 165. At the same time, Nickel has gone above the Rs 690 with an increase of 0.5 percent. Whereas, Zinc is trading 0.14 percent lower.
Copper Tips: Sold MCX Copper below 430.3 targets 429.3, 428.3 Stop Loss 431.5.