Mcx aluminium future last closed at 116.05 with gain. Mcx aluminium is near my first swing target of 116.55 from 108.8. Mcx aluminum intraday outlook is bullish and remain buy on dips. Mcx aluminium intraday support zones as well as fresh buying levels are 115 and 113.2. Mcx aluminium intraday resistances as well as target zones are 117 and 118. Mcx aluminum above 116.55 will turn super bullish for targets 121 and 123+. As expected mcx base metals trending higher and seeing strong demand in
Mcx copper future last closed at 325.25 with gain. Mcx copper future slowly and steadily heading towards my swing target of 334. Mcx copper intraday outlook is bullish and trading strategy remain buy on dips. Mcx copper future intraday support zones are 324 and 321 and fresh long entry zones. Mcx copper future intraday resistances as well as target zones are 327 and 330. Mcx copper above 321 remain buy and accumulate for positional commodity traders with stop loss for target 334+.
Mcx lead future last closed at 137.25 with loss. Mcx lead future achieved 140+ target and back to support near 136. Above 136 remain buy and accumulate for targets 142 and 147. Mcx lead future intraday support zones are 136 and 134 and fresh long entry zones. Mcx lead future intraday resistances are 138.2 and 139.7 and these are short term targets. Mcx lead above 136 remain buy and accumulate for swing targets 142 and 147.
Mcx nickel future last closed at 696.4 with loss. Mcx nickel future above 688 given swing high up to 708. Nickel future above 688 remain buy and accumulate for targets 720 and 734. Mcx nickel intraday outlook is bullish and strategy remain buy at supports. Mcx nickel intraday support zones are 692 and 685. Mcx nickel future intraday resistances are 707 and 720 and these are short term target. My mcx nickel swing target if at 734 if sustain above 688.
Mcx zinc future last closed at 163.95 with huge gains. Another short covering ally zoomed this base metal to new high. As expect mcx zinc future achieved my target of 162.5 and heading towards 167.5. Mcx zinc future intraday outlook is bullish and strategy remain buy at support zones. Mcx zinc intraday supports as well as fresh entry zones are 161 and 158. Mcx zinc intraday resistances are 165.2 and 167.5 and these are final target zones.