BUY ZINC FEB @ 324 SL 321 TGT 327-330. MCX - Kedia Advisory
Aluminium
BUY ALUMINIUM FEB @ 314 SL 312 TGT 316-318. MCX
Observations
Aluminium trading range for the day is 307-321.8.
Aluminium rose as China’s manufacturing sector growth accelerates at the start of 2026:
PBOC lowers One-Year policy loan rate to record low 1.5% to boost economy
Support also seen as tightening global supply coincided with growing demand.
Copper
BUY COPPER FEB @ 1280 SL 1270 TGT 1290-1300. MCX
Observations
Copper trading range for the day is 1196.2-1341.
Copper rebounded after news that China plans to boost stockpiles of copper.
The recovery was driven by dip-buying in China, restocking by fabricators ahead of the Lunar New Year holiday.
Investor sentiment picked up, partly due to a long-awaited trade deal between the United States and India.
Zinc
BUY ZINC FEB @ 324 SL 321 TGT 327-330. MCX
Observations
Zinc trading range for the day is 316-334.
Zinc dropped amid dragged down by revived demand concerns triggered.
However downside seen limited as investors saw supply concerns and demand prospects remain supportive for the metal.
Factory activity in some parts of the world expanded in January.
