BUY ZINC MAR @ 327 SL 325 TGT 329-331. MCX - Kedia Advisory
Aluminium
BUY ALUMINIUM MAR @ 312 SL 310 TGT 315-317. MCX
Observations
Aluminium trading range for the day is 308.5-315.9.
Aluminium gained as optimism over potentially lower US tariffs supported the rally.
South32, confirmed its Mozal aluminum plant in Mozambique will enter care and maintenance next month.
Global primary aluminium output in January rose 1.3% year on year to 6.317 million tonnes – IAI
Copper
BUY COPPER MAR @ 1205 SL 1195 TGT 1215-1225. MCX
Observations
Copper trading range for the day is 1195.6-1220.8.
Copper rose as growth optimism grew after US Supreme Court struck down Trump’s reciprocal tariffs.
Citi sees copper rising to $14,000/T in three months
Copper market in 173,000 metric tons surplus in Dec 2025 – ICSG
Zinc
BUY ZINC MAR @ 327 SL 325 TGT 329-331. MCX
Observations
Zinc trading range for the day is 324.8-332.8.
Zinc gains as traders bet on restocking demand after Chinese market participants returned after holidays.
The global zinc market posted a deficit of 33,000 metric tons in 2025, down from a 69,000-ton shortfall in 2024.
Total reported zinc inventories, fell by 77,000 tons to 739,000 tons by the end of 2025.
