Monday, 18 March 2013

MCX Base Metals View for 18.03.2013


MCX Copper

International Copper Traded seven dollars lower than Friday MCX Closing Price.Copper traded lower due to Cyprus news.In Cyprus unprecedented levy on bank deposits will plunge Europe back into crisis.This news curbing demand for Base metals & make trade lower.All metals comes under selling only.

Friday(15.03.2013) MCX Copper Closing Price 423.55.MCX Copper losses may limit by Indian Rupee(USDINR).
MCX Copper Technical Levels for 18.03.2013

MCX Copper Upper side breakout point     : 426.30(Buy Comes above this point)

MCX Copper Technical Resistances levels  : 427.20,428.30,429.30

MCX Copper Down side breakout point     :  422.50(Sell Comes below this point)

MCX Copper Technical Supports levels      :421.30,420.80,420.10

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MCX Base metals Pivot levels for 18.03.2013 Click here 

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


MCX Lead
 Yesterday(14.03.2013) MCX Lead Closing Price 119.75.MCX Lead looks weak as per MCX Chart once it opens below 119.80.

MCX Lead Technical Levels for 18.03.2013

MCX Lead Upper side breakout point     : 121(Buy Comes above this point)

MCX Lead Technical Resistances levels  :121.60,122.10,122.60

MCX Lead Down side breakout point     :  118.60(Sell Comes below this point)

MCX Lead Technical Supports levels      :118.10,117.70,117.10
MCX Copper&Lead Yesterday(15.03.2013)Bhav Copy Data for reference
Commodity
Contract
Open
High
Low
Close
COPPER
30-Apr-13
426.85
428.15
423.25
423.55
COPPER
28-Jun-13
432.3
433.65
428.9
429.3
COPPER MINI
30-Apr-13
426.95
428.1
423.25
423.55
COPPER MINI
28-Jun-13
432.2
433.55
428.95
429.35
LEAD
28-Mar-13
121.15
121.7
119.65
119.75
LEAD MINI
28-Mar-13
121.3
121.7
119.6
119.75
MCX Zinc
Friday(15.03.2013) MCX Zinc Closing Price 104.80.MCX Zinc looks weak as per Daily & Weekly Chart.
MCX Zinc Technical Levels for 18.03.2013

MCX Zinc Upper side breakout point     : 105.80(Buy Comes above this point)

MCX Zinc Technical Resistances levels  : 106.30,106.70,107.60

MCX Zinc  Down side breakout point     :103.60(Sell Comes below this point)

MCX Zinc Technical Supports levels      : 103.10,102.70,102.10

MCX Nickel

 Friday(15.03.2013) MCX Nickel Closing Price 914.80.MCX Nickel looks weak.
MCX Nickel Technical Levels for 18.03.2013

MCX Nickel Upper side breakout point     : 917.60(Buy Comes above this point)

MCX Nickel Technical Resistances levels  : 920.70,923.40,926.70

MCX Nickel Down side breakout point     :  911.80(Sell Comes below this point)

MCX Nickel Technical Supports levels      : 908.70,905.30,901.80

MCX Aluminium

Friday(15.03.2013) MCX Aluminium Closing Price 104.75.

MCX Aluminium Technical Levels for 18.03.2013

MCX Aluminium Upper side breakout point     : 105.30(Buy Comes above this point)

MCX Aluminium Technical Resistances levels  : 105.90,106.40,107.20

MCX Aluminium Down side breakout point     :  104.20(Sell Comes below this point)

MCX Aluminium Technical Supports levels      : 103.80,103.30,102.30
MCX Commodity Yesterday(15.03.2013) Bhav Copy Data for reference
Commodity
Contract
Open
High
Low
Close
ZINC
28-Mar-13
106.4
106.85
104.6
104.8
ZINC MINI
28-Mar-13
106.3
106.85
104.6
104.8
NICKEL
28-Mar-13
931.2
936.7
913.7
914.8
NICKEL MINI
28-Mar-13
932
936.5
913.8
914.8
ALUMINIUM
28-Mar-13
105.65
106.1
104.7
104.75
ALUMINI
28-Mar-13
105.7
106.1
104.7
104.8

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

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