Buy Zinc Feb @ 216 SL 213 TGT 219-222. MCX - Kedia Advisory
![](https://portfolio.investmentguruindia.com/uploads/news/Kedia Base Metals.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Aluminium
OBSERVATIONS:
Aluminium trading range for the day is 197.7-204.3.
Aluminium gains as efforts by China to stabilise its markets.
China's export of aluminium covered by EU carbon tax down 30% in 2023
Japan's imports of primary aluminium fell 26% to 1.03 million metric tons in 2023
BUY ALUMINIUM FEB @ 201 SL 199 TGT 203-204. MCX
Copper
OBSERVATIONS:
Copper trading range for the day is 714.2-720.2.
Copper gains due to hopes for more supportive measures from China.
China's central bank conducted reverse repos and reduced the reserve requirement ratio.
Copper inventories in LME-registered warehouses are at five-month lows.
SELL COPPER FEB @ 714 SL 710 TGT 718-722. MCX
Zinc
OBSERVATIONS:
Zinc trading range for the day is 215.7-219.7.
Zinc gains as Russian new zinc mine delays start of concentrate production until at least Q3 Global zinc supplies for this year are estimated at around 14 million tons
The global zinc market deficit increased to 71,600 metric tons in November 2023 from a deficit of 62,500 tons in October
BUY ZINC FEB @ 216 SL 213 TGT 219-222. MCX
![](https://portfolio.investmentguruindia.com/uploads/news/jul04v89_Wex0B3E.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/religare broking.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/HDFC Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Zomato07.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Piyush Goyal07.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/jul04v38_zDiylqc.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Prashant Thakur ANAROCK Group.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/jul03v152_BhgJWbe.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Shrikant Chouhan.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
Buy Gold Above 72500 SL Below 72300 TGT 72800/73100 - Axis Securities Ltd
![Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 04 July 2024 - Geojit Financial Services Ltd](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![Gold prices rose in Asian trade on Wednesday, seeing some relief as the dollar retreated on some positive comments from Federal Reserve Chair Jerome Powell - HDFC Securities](https://portfolio.investmentguruindia.com/uploads/news/HDFC Securities.jpg)
![Buy Turmeric Aug @ 15900 SL 15600 TGT 16300-16600. NCDEX - Kedia Advisory](https://portfolio.investmentguruindia.com/uploads/news/Kedia Spices Outlook.jpg)