Powered by: Motilal Oswal
2025-06-10 12:20:15 pm | Source: Kedia Advisory
Buy Copper Jun @ 878 SL 874 TGT 886-890. MCX - Kedia Advisory
Buy Copper Jun @ 878 SL 874 TGT 886-890. MCX - Kedia Advisory

Aluminium

BUY ALUMINIUM JUN @ 239 SL 237 TGT 241-243. MCX

OBSERVATIONS

Aluminium trading range for the day is 235.9-241.7.

Aluminium prices rose as US-China trade talks resumed, boosting investor confidence.

Trump confirmed trade talks in London led by US and Chinese top officials.

China's May aluminium exports rose 5.6% monthly but fell 3.2% year-on-year.

 

 

Copper

BUY COPPER JUN @ 878 SL 874 TGT 886-890. MCX

OBSERVATIONS

Copper trading range for the day is 871.4-890.2.

Copper gains fueled by supply disruptions and concerns over potential US tariffs.

China's imports of copper fell 2.5 % from month ago to 427,000 tonnes in May

Inventories at LME warehouses have been steadily declining, signaling robust demand.

 

Zinc

BUY ZINC JUN @ 251 SL 249 TGT 253-255. MCX

OBSERVATIONS

Zinc trading range for the day is 249.7-256.1.

Zinc prices dropped on profit booking amid ongoing uncertainty around trade negotiations and tariffs

Coupled with the expected significant increase in zinc ingot production in June, supply pressures persist.

China’s manufacturing PMI continued to contract for the second consecutive month.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here