Buy Copper AUG @ 728 SL 723 TGT 734-738. MCX - Kedia Advisory
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
ALUMINIUM
OBSERVATIONS
Aluminium trading range for the day is 196.2-200.6.
Aluminium rises as China’s ingot inventory drops to 500,000 mt
LME warehouse stocks of Aluminum surge, highest in a month with 38,725 tons to South Korea
Global aluminium output falls 0.5% year on year in July – IAI
BUY ALUMINIUM AUG @ 197 SL 195 TGT 200-202. MCX
COPPER
OBSERVATIONS
Copper trading range for the day is 725.8-737.8.
Copper gains on China stimulus hopes
Copper market in 90,000 metric tons deficit in Jun 2023 – ICSG
Rising output in China, Congo drives copper market to surplus in H1 – ICSG
BUY COPPER AUG @ 728 SL 723 TGT 734-738. MCX
ZINC
OBSERVATIONS
Zinc trading range for the day is 208.4-214.
Zinc gains as China's refined zinc output dropped to 551,100 mt
The output reduction of domestic smelters was mainly seen in Inner Mongolia, Shaanxi, Gansu and Xinjiang.
Zinc inventories in LME-registered warehouses have surged to a 17-month high
BUY ZINC AUG @ 209 SL 207 TGT 212-214. MCX
To Read Complete Report & Disclaimer Click Here
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
.jpg)
