Tag Archives: MCX base Metals Live Calls Free

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 Metals Market conditions worsen

MCX Metals market conditions have deteriorated. Most metals prices on the London Metal Exchange are at 6-year low. China’s economy is showing the health deteriorating effect on metals. Copper fell 0.2 percent in the domestic market is trading at Rs 302. Zinc fell 0.5 percent is trading at Rs 99.35.

MCX Aluminium has weakened by 0.5 per cent, while lead dropped 0.7 per cent to Rs 104.25 seems. Although nickel around Rs 600 with a gain of 0.5 per cent is approaching.

Trading Tips

@ Buy MCX Copper November 301 to 302 target 304, 306 Stop loss 299.