Buy Copper Dec @ 812 SL 807 TGT 817-820. MCX - Kedia Advisory
Aluminium
Observation
Aluminium trading range for the day is 241.9-245.1.
Aluminium prices fell amid rising output in China.
Beijing braces for more U.S. trade tariffs under a second Donald Trump administration.
China’s industrial output grew ahead of expectations.
BUY ALUMINIUM DEC @ 243 SL 241 TGT 246-247. MCX
Copper
Observation
Copper trading range for the day is 807.2-822.
Copper prices settled flat amid persistent demand concerns in China.
Data showed that retail sales in China slowed more than expected in November.
Peru's copper production in October fell 1.4% compared to the same month last year
BUY COPPER DEC @ 812 SL 807 TGT 817-820. MCX
Zinc
Observation
Zinc trading range for the day is 282.9-289.1.
Zinc edged down after China's economic data showed a mixed recovery among different sectors.
China's industrial output quickened slightly in November, while retail sales disappointed
Zinc inventories in warehouses monitored by the Shanghai Futures Exchange fell 4.4% from last Friday
BUY ZINC DEC @ 284 SL 281 TGT 287-289. MCX
