BUY ALUMINIUM FEB @ 330 SL 327 TGT 333-335. MCX - Kedia Advisory
Aluminium
BUY ALUMINIUM FEB @ 330 SL 327 TGT 333-335. MCX
Observations
Aluminium trading range for the day is 315.1-341.1.
Aluminium gained driven by tightening global supply.
Goldman Sachs raised its first-half average price forecast to $3,150 a ton, from $2,575, citing low inventories.
China’s refined aluminium production maintained a steady trajectory in December 2025, reaching a record 3.87 million tons, up 2.9% yoy.
Copper
BUY COPPER FEB @ 1318 SL 1310 TGT 1328-1338. MCX
Observations
Copper trading range for the day is 1296-1341.8.
Copper gains as U.S. dollar slid to a four-year low and investors continued to pile in with bullish bets on metals.
Zambia says 2025 copper production up 8% from previous year.
COMEX inventories topped 500,000 tons for the first time, while LME stockpiles rose to their highest level since May 2025.
Zinc
BUY ZINC FEB @ 332 SL 330 TGT 335-337. MCX
Observations
Zinc trading range for the day is 322.3-341.9.
Zinc gains due to concerns of tight supply.
Support also seen as dollar hit its lowest since February 2022 after Trump said the value of the greenback was "great".
China’s refined zinc production was reported at 675,000 mt in December 2025, a record high.
