Sell Aluminium MAR @ 334 SL 337 TGT 331-329. MCX - Kedia Advisory
Aluminium
SELL ALUMINIUM MAR @ 334 SL 337 TGT 331-329. MCX
Observations
Aluminium trading range for the day is 325.1-339.5.
Aluminium gains as conflict in the Middle East has already hit output
Aluminium Bahrain said it is exporting metal via the Saudi port of Jeddah as the Strait of Hormuz remains effectively shut.
China Jan-Feb alumina output up 0.2% y/y at 15.18 mln metric tons - stats bureau
Copper
SELL COPPER MAR @ 1115 SL 1125 TGT 1105-1095. MCX
Observations
Copper trading range for the day is 1078-1149.4.
Copper dropped as the Middle East war fuels fears of higher inflation and a hit to global growth amid surging oil prices.
China Jan-Feb refined copper output up 9% y/y at 2.47 mln metric tons - stats bureau
Shanghai warehouse copper stocks down 5.2%
Zinc
SELL ZINC MAR @ 309 SL 312 TGT 306-303. MCX
Observations
Zinc trading range for the day is 302.4-313.
Zinc gains amid a low inventories and mine closures, delays underpinned prices.
China Jan-Feb zinc output 5.4% y/y at 1.198 mln metric tons - stats bureau
Peru’s zinc concentrates production was 105,300 mt in metal content in January 2026, down 19.3% MoM and up 14.7% YoY.
