Wednesday, 13 March 2013

MCX Base Metals View for 13.03.2013


MCX Copper

Copper Traded nearly One Dollar higher than yesterday MCX Closing Price.Slightly bullish trend on today as per International Market.Daily Chart looks positive for Buying.Shanghai & LME copper Price Gap narrowing,Arbitrage Buying happened in LME,Makes Copper trade higher.
Positive U S Economic Data makes Base metals trade Higher yesterday. 
Yesterday(12.03.2013) MCX Copper Closing Price 428.30.As Per Yesterday Report Base metals settled higher on yesterday. 
MCX Copper Technical Levels for 13.03.2013

MCX Copper Upper side breakout point     : 429.30(Buy Comes above this point)

MCX Copper Technical Resistances levels  : 430.40,431.50,432.30

MCX Copper Down side breakout point     :  427.20(Sell Comes below this point)

MCX Copper Technical Supports levels      :426.10,425.20,423.30

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MCX Base metals Pivot levels for 13.03.2013 Click here 

For Lead,Zinc Aluminium & Nickel--->Click Read More


MCX Lead
 Yesterday(12.03.2013) MCX Lead Closing Price 120.50.

MCX Lead Technical Levels for 13.03.2013

MCX Lead Upper side breakout point     : 121.40(Buy Comes above this point)

MCX Lead Technical Resistances levels  :121.90,122.40,123.10

MCX Lead Down side breakout point     :  119.20(Sell Comes below this point)

MCX Lead Technical Supports levels      :118.70,118.00,117.70
MCX Copper&Lead Yesterday(12.03.2013)Bhav Copy Data for reference
Commodity
Contract
Open
High
Low
Close
COPPER
30-Apr-13
425.55
430.15
423.8
428.3
COPPER
28-Jun-13
431.2
435.4
429.4
433.7
COPPER MINI
30-Apr-13
425.15
430.25
423.8
428.3
COPPER MINI
28-Jun-13
431.15
435.5
429.35
433.7
LEAD
28-Mar-13
119.6
120.75
118.75
120.5
LEAD MINI
28-Mar-13
119.4
120.75
118.75
120.5
MCX Zinc
 Yesterday(12.03.2013) MCX Zinc Closing Price 106.95.
MCX Zinc Technical Levels for 13.03.2013

MCX Zinc Upper side breakout point     : 107.40(Buy Comes above this point)

MCX Zinc Technical Resistances levels  : 107.90,108.50,109.10

MCX Zinc  Down side breakout point     :105.80(Sell Comes below this point)

MCX Zinc Technical Supports levels      : 105.30,104.80,104.20


MCX Nickel

 Yesterday(12.03.2013) MCX Nickel Closing Price 923.70.
MCX Nickel Technical Levels for 13.03.2013

MCX Nickel Upper side breakout point     : 927(Buy Comes above this point)

MCX Nickel Technical Resistances levels  : 930.10,933.70,937.40

MCX Nickel Down side breakout point     :  918(Sell Comes below this point)

MCX Nickel Technical Supports levels      : 915.40,912.30,909.20

MCX Aluminium

 Yesterday(12.03.2013) MCX Aluminium Closing Price 106.10.Aluminium Recovered From 15 months Lows in International Market.

MCX Aluminium Technical Levels for 13.03.2013

MCX Aluminium Upper side breakout point     : 106.70(Buy Comes above this point)

MCX Aluminium Technical Resistances levels  : 107.20,107.60,108.20

MCX Aluminium Down side breakout point     :  105.30(Sell Comes below this point)

MCX Aluminium Technical Supports levels      : 104.80,104.30,103.80
MCX Commodity Yesterday(12.03.2013) Bhav Copy Data for reference
Commodity
Contract
Open
High
Low
Close
ZINC
28-Mar-13
106.2
107.6
105.7
106.95
ZINC MINI
28-Mar-13
106.1
107.6
105.7
106.95
NICKEL
28-Mar-13
915.9
924.7
911.2
923.7
NICKEL MINI
28-Mar-13
915
924.7
911.3
923.7
ALUMINIUM
28-Mar-13
105.05
106.2
104.6
106.1
ALUMINI
28-Mar-13
105
106.2
104.6
106.1


MCX Base Metals Weekly Pivot,Support,Resistance levels MCX weekly Pivot

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