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2026-01-13 11:52:36 am | Source: Kedia Advisory
Buy Copper Jan@ 1310 SL 1300 TGT 1325-1335. MCX - Kedia Advisory
Buy Copper Jan@ 1310 SL 1300 TGT 1325-1335. MCX - Kedia Advisory

Aluminium

BUY ALUMINIUM JAN @ 316 SL 314 TGT 318-320. MCX

Observations

Aluminium trading range for the day is 310.8-324.

Aluminium fell on profit booking after gains driven by a 108,700-ton global supply deficit in October.

Support seen as investors reassessed expectations around tightening supply and robust global demand.

China's central bank said it will cut the reserve requirement ratio and interest rates in 2026 to keep liquidity ample

 

Copper

BUY COPPER JAN @ 1310 SL 1300 TGT 1325-1335. MCX

Observations

Copper trading range for the day is 1276-1344.4.

Copper prices gained bolstered by a weaker dollar and rising hopes of better demand.

Copper output from Chile's Codelco falls 3% in November

Two stimulus packages introduced by top metals consumer China at the end of 2025 are also supporting wider sentiment.

 

Zinc

BUY ZINC JAN @ 312 SL 310 TGT 314-316. MCX

Observations

Zinc trading range for the day is 307.5-316.3.

Zinc prices rose amid optimism over strong demand from China.

Prices also gained supported by tightening inventories and ongoing supply disruptions.

Total LME stocks jumped by over 84,000 tons in November and December

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