Sell Zinc SEP @ 279 SL 281 TGT 277-25. MCX - Kedia Advisory
Aluminium
SELL ALUMINIUM SEP @ 256 SL 258 TGT 254-252. MCX
OBSERVATIONS
Aluminium trading range for the day is 252-259.6.
Aluminium dropped as Global aluminium output rises 0.9% year on year in August
China’s domestic aluminium production in August 2025 increased 1.22% YoY and 0.33% MoM.
Japan's August aluminium stocks rise 6.3% m/m
Copper
SELL COPPER SEP @ 912 SL 916 TGT 908-904. MCX
OBSERVATIONS
Copper trading range for the day is 902.2-915.4.
Copper dropped on profit booking restrained by climbing inventories and a weak global economic backdrop.
SHFE Copper inventories climbed by 12.5% to the highest since early June at $105,814 tons.
LME stocks have jumped 56% over the past three months.
Zinc
SELL ZINC SEP @ 279 SL 281 TGT 277-25. MCX
OBSERVATIONS
Zinc trading range for the day is 273.7-283.1.
Zinc gained as LME zinc stocks fell their lowest since May 23 at 48,825 tons.
Zinc supported as LME cash premium hits $51/T, highest since Oct, on falling stocks
China's central bank left a key interest rate unchanged, as authorities appear in no rush to ease monetary settings
