Buy Copper Jan @ 1310 SL 1300 TGT 1325-1335. MCX - Kedia Advisory
ALUMINIUM
BUY ALUMINIUM JAN @ 305 SL 303 TGT 308-310. MCX
Observations
Aluminium trading range for the day is 301.3-310.1.
Aluminium prices rose tracking LME prices touched $3,000 a ton for the first time in more than three years.
Prices gained due to a tightening supply outlook and bets on long-term demand.
Prices gained support from a cap on Chinese smelting capacity of 45 million tons, which is expected to tighten supply as demand climbs.
COPPER
BUY COPPER JAN @ 1310 SL 1300 TGT 1325-1335. MCX
Observations
Copper trading range for the day is 1281.9-1335.7.
Copper rose on supply worries after a Chilean mine strike, deficit forecasts, and low LME stocks.
Supply concerns continued to intensify following the strike going into 2026, after mine disruptions.
US Manufacturing PMI was confirmed at 51.8 in December 2025, down from 52.2 in November
ZINC
BUY ZINC JAN @ 310 SL 308 TGT 313-315. MCX
Observations
Zinc trading range for the day is 307-312.8.
Zinc gains amid signs of restored confidence in the Chinese economy.
Support also seen amid speculative buying on worries about tighter supply.
China's factory activity unexpectedly grew in December, snapping a record eight straight months of decline
