Sell Zinc APR @ 266 SL 268 TGT 264-262. MCX - Kedia Advisory
ALUMINIUM
SELL ALUMINIUM APR @ 244 SL 246 TGT 242-240. MCX
OBSERVATIONS
Aluminium trading range for the day is 239.5-246.1.
Aluminium dropped as Asia's factory activity mostly weakened in March.
Japan's factory activity fell at the fastest pace in a year
Aluminium inventories in warehouses monitored by the Shanghai Futures Exchange rose 1.4% from last Friday
COPPER
SELL COPPER APR @ 892 SL 896 TGT 888-885. MCX
OBSERVATIONS
Copper trading range for the day is 883-902.6.
Copper dropped as cautious investors awaited details of reciprocal tariffs from U.S. President Donald Trump.
The Caixin/S&P Global manufacturing PMI climbed to 51.2 in March, from 50.8 in February.
Copper output in Chile, fell 5.4% year-on-year in February to 397,396 metric tons.
ZINC
SELL ZINC APR @ 266 SL 268 TGT 264-262. MCX
OBSERVATIONS
Zinc trading range for the day is 260.2-270.6.
Zinc prices edged lower as uncertainty over U.S. tariffs outweighed positive data from China.
China's manufacturing sector was expanding more than expected.
Global zinc market deficit fell to 10,000 metric tons in January from 41,100 tons in December.
