STARINDIA Research MCX Base Metal TIPS UPDATE

UPDATE:-

KINDLY BOOK PARTIAL PROFIT IN ZINC BUY CALL 1ST TGT 201.40 HAS ACHIEVED PROFIT RS. 5000/- IN 2 LOTS

zinc 5

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Commodity Outlook on Lead Market

Lead:-

Lead performing well on the buyer side and gave a good profit booking to buyers from last three days. Analyzing the daily chart we feel a cool up in the prices of lead as it closed near the opening of the week. Since the commodity closed with dominant sellers, so a rising up can be seen in coming week where support falls at 145 and resistance at 151.

lead4

 

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STARINDIA Research MCX METAL PREMIUM TIPS UPDATE

UPDATE:-

KINDLY BOOK PARTIAL PROFIT IN ZINC SELL CALL 1ST TGT 185.75 HAS ACHIEVED PROFIT RS. 5000/- IN 2 LOTS

zinc 5

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STARINDIA Research MCX TIPS UPDATE

UPDATE:-

KINDLY BOOK PARTIAL PROFIT IN ZINC BUY CALL HIT HIGH OF 183.50 NEAR TO OUR 1ST TGT 183.55

copper-lead-and-zinc-strengthen-on-rising-demand-global-cues

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STARINDIA Research MCX BULLION TIPS UPDATE

UPDATE:-

KINDLY BOOK PARTIAL PROFIT IN ZINC SELL CALL 1ST TGT 179.10 HAS ACHIEVED PROFIT RS. 5000/- IN 2 LOTS

zinc 5

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Commodity Outlook on Zinc Market

Zinc :

Zinc prices declined by 0.53 per cent to 178.45 per kg in futures market today as speculators cut down positions, taking negative cues from spot market on tepid demand from consuming industries. At the Multi Commodity Exchange, zinc for delivery in July slipped by 95 paisa, or 0.53 per cent, to Rs 178.45 per kg in a business turnover of 2,164 lots. Likewise, the metal for delivery in August was trading lower by a similar margin at Rs 178.65 per kg in 292 lots. Market analysts attributed the weakness in zinc futures to offloading of positions by participants amid sluggish demand from consuming industries in the physical market.

zinc 5

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Commodity Market Tips-Base metals: Nickel, copper, zinc slip on sluggish demand

Nickel prices were trading lower by 0.57 per cent to Rs 645.80 per kg in futures trade today amid profit-booking by speculators and easing demand at the domestic spot market.

At the Multi Commodity Exchange, nickel for delivery in July fell by Rs 3.70, or 0.57 per cent, to Rs 645.80 per kg in a business turnover of 824 lots.

base-metals-nickel-copper-zinc-slip-on-sluggish-demand

Likewise, the metal for delivery in August was trading lower by Rs 3.60, or 0.55 per cent, to Rs 650.20 per kg in 272 lots.

Marketmen said profit-booking by participants at prevailing levels amid fall in demand from alloy-makers in the spot market, mainly influenced nickel prices at futures trade.

Zinc
Zinc prices declined by 0.53 per cent to 178.45 per kg in futures market today as speculators cut down positions, taking negative cues from spot market on tepid demand from consuming industries.

At the Multi Commodity Exchange, zinc for delivery in July slipped by 95 paise, or 0.53 per cent, to Rs 178.45 per kg in a business turnover of 2,164 lots.

Likewise, the metal for delivery in August was trading lower by a similar margin at Rs 178.65 per kg in 292 lots.

Market analysts attributed the weakness in zinc futures to offloading of positions by participants amid sluggish demand from consuming industries in the physical market.

Copper
Copper futures fell 0.64 per cent to Rs 412 per kg today as speculators booked profits at prevailing high levels amid low demand at spot markets.

At the Multi Commodity Exchange, copper for delivery in far-month November declined by Rs 2.65, or 0.64 per cent to Rs 412 per kg in a business turnover of 44 lots.

The metal for delivery in August month shed Rs 2.30 or 0.56 per cent to Rs 405.70 per kg in a business volume of 832 lots.

Analysts attributed the fall to offloading of positions by speculators at prevailing higher levels coupled with subdued spot demand.

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