Buy Zinc Jul @ 265 SL 262 TGT 268-270. 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 229.1-232.3.
Aluminium settled flat amid signs of ample supply magnified the pressure from muted demand.
Global primary aluminium output rose 3.4% year on year to 6.1 million tons in May
China aluminium production up 7.2 % to 3.65 mln tonnes in May
BUY ALUMINIUM JUL @ 229 SL 227 TGT 231-233. MCX
Copper
OBSERVATIONS
Copper trading range for the day is 836.5-859.5.
Copper gains as physical demand in China has been picking up.
Inventories of copper in LME-approved warehouses climbed to 180,125 tons on June 27, from around 104,000 tons in mid May.
The Yangshan copper discount has tightened to $7 a ton on June 28, from as low as a $20-discount in May.
BUY COPPER JUL @ 8744 SL 840 TGT 848-852. MCX
Zinc
OBSERVATIONS
Zinc trading range for the day is 262.5-274.1.
Zinc gains amid hopes of improved demand in China following recent price drops and supply concerns.
The global zinc market surplus fell to 22,100 metric tons in April from 70,100 tons in March.
In China, zinc concentrate imports decreased by 24% in the first four months of this year compared to the previous year.
BUY ZINC JUL @ 265 SL 262 TGT 268-270. MCX
![](https://portfolio.investmentguruindia.com/uploads/news/telangana22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Manoranjan Sharma, Infomerics Ratings.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Manoranjan Sharma, Infomerics Ratings.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/india22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Manish Chowdhury.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Suman Bannerjee.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/farm22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/karnal22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Shrey Jain.jpg)
More News
![](https://portfolio.investmentguruindia.com/uploads/news/HDFC Securities.jpg)
Sell Natural Gas Jul Fut 190-192, TGT 187/185 SL 193 - HDFC Securities
![Copper prices are expected to continue with its negative bias amid risk aversion in the global markets and signs of soft demand in China - ICICI Direct](https://portfolio.investmentguruindia.com/uploads/news/ICICI Direct IMAGE.jpg)
![Sell Gold Aug @ 72000 SL 72200 TGT 71700-71500. MCX](https://portfolio.investmentguruindia.com/uploads/news/Kedia Bullion Outlook.jpg)
![MCX Silver is likely to trade with sideways to positive bias during today`s trading session - Monarch Networth Capital](https://portfolio.investmentguruindia.com/uploads/news/Monarch Networth Capital.jpg)