3 Nov mcx Base Metals Intraday outlook

Mcx aluminium future intraday outlook for 3rd November 2016 Mcx aluminium future intraday outlook for 3rd November 2016 Mcx aluminium on last trading session closed at 114.7 with loss. Mcx aluminium after breakout showing correction and consolidation but outlook still bullish. Mcx aluminium intraday support zones are 113.6 and 113 and fresh long entry zones. Mcx aluminium intraday resistances as well as target zones are 116 and 117. Positional metal traders above 113 keep buy and accumulate view for targets 118 and above. Mcx copper future intraday outlook for 3rd November 2016 Mcx copper future intraday outlook for 3rd November 2016 Mcx copper future on last trading session closed at 328 with loss. Mcx copper is correcting and consolidating but outlook remain bullish. Mcx copper intraday support zones are 327 and 324 and fresh long entry zones. On upside 330 and 333 are intraday resistances as well as target zones. Mcx copper above 321 remain buy and accumulate for targets 333 to 340. Mcx lead future intraday outlook for 3rd November 2016 Mcx lead future intraday outlook for 3rd November 2016 Mcx lead future on last trading session closed at 137.75 with gain. Mcx lead future above 137 remain buy and accumulate. For today, mcx lead future support zones are 137 and 136 and fresh long entry zones. Mcx lead future intraday resistances as well as target zones are 138.55 and 140 rupees. Positional mcx traders above 137 keep buy and accumulate view for targets 143.6 and above. Mcx nickel future intraday outlook for 3rd November 2016 Mcx nickel future intraday outlook for 3rd November 2016 Mcx nickel future on last trading session closed at 691.1 with loss. Nickel is correcting and testing support zones. Mcx nickel future above 691 remain buy and accumulate. For today, mcx nickel future support zones are 685 and 675 and fresh long entry zones. Mcx lead future intraday resistances as well as target zones are 703 and 706 rupees. Positional mcx traders above 690 keep buy and accumulate view for targets 718 and above. Mcx zinc future intraday outlook for 3rd November 2016 Mcx zinc future intraday outlook for 3rd November 2016 Mcx zinc future on last trading session closed at 161.9 with loss. Mcx zinc future intraday outlook is bullish and trading strategy will remain buy on dips. For today, mcx zinc future support zones are 161 and 159 and fresh long entry zones. Mcx zinc future intraday resistances as well as target zones are 164 and 165 rupees. Positional mcx traders above 158 keep buy and accumulate view for targets 170 and above.

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Pramod Baviskar

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