Tuesday 19 March 2013

MCX Base Metals View for 19.03.2013

MCX Copper

International Copper Traded one dollar Higher than Yesterday MCX Closing Price.Copper made loss due to Cyprus news & high inventory build in China.The Citi bank reported that China has a significant over-availability of copper units,built up during 2012.
As per Copper in international market,today trade in positive trend,copper may possible to give small bounce from here.

Friday(18.03.2013) MCX Copper Closing Price 412.65.MCX Copper looks weak.
MCX Copper Technical Levels for 19.03.2013

MCX Copper Upper side breakout point     : 415.20(Buy Comes above this point)

MCX Copper Technical Resistances levels  : 416.30,417.50,418.40

MCX Copper Down side breakout point     :  411.50(Sell Comes below this point)

MCX Copper Technical Supports levels      :410.30,409.50,408.70

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MCX Base metals Pivot levels for 19.03.2013 Click here 

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


MCX Lead
 Yesterday(18.03.2013) MCX Lead Closing Price 117.3.MCX Lead looks weak as per MCX Chart once it opens below 119.80.

MCX Lead Technical Levels for 19.03.2013

MCX Lead Upper side breakout point     : 118.80(Buy Comes above this point)

MCX Lead Technical Resistances levels  :119.30,119.80,120.20

MCX Lead Down side breakout point     : 116.40(Sell Comes below this point)

MCX Lead Technical Supports levels      :115.80,115.20,114.70
MCX Copper&Lead Yesterday(18.03.2013)Bhav Copy Data for reference
Commodity
Contract
Open
High
Low
Close
COPPER
30-Apr-13
423.5
423.5
412.15
412.65
COPPER
28-Jun-13
428.7
428.7
418.1
418.55
COPPER MINI
30-Apr-13
423.25
423.25
412.25
412.7
COPPER MINI
28-Jun-13
429
429
418.05
418.6
LEAD
28-Mar-13
119.35
119.35
116.4
117.3
LEAD MINI
28-Mar-13
119.5
119.5
116.4
117.3
MCX Zinc
Friday(18.03.2013) MCX Zinc Closing Price 102.65.MCX Zinc looks weak as per Daily & Weekly Chart.
MCX Zinc Technical Levels for 19.03.2013

MCX Zinc Upper side breakout point     : 103.30(Buy Comes above this point)

MCX Zinc Technical Resistances levels  : 103.80,104.30,105

MCX Zinc  Down side breakout point     :101.65(Sell Comes below this point)

MCX Zinc Technical Supports levels      : 101.10,100.70,100.20


MCX Nickel

 Friday(18.03.2013) MCX Nickel Closing Price 896.70.MCX Nickel looks weak.
MCX Nickel Technical Levels for 19.03.2013

MCX Nickel Upper side breakout point     : 901.80(Buy Comes above this point)

MCX Nickel Technical Resistances levels  : 904.90,907.80,911.80

MCX Nickel Down side breakout point     :  894(Sell Comes below this point)

MCX Nickel Technical Supports levels      : 891.10,888.40,884.80

MCX Aluminium

Friday(18.03.2013) MCX Aluminium Closing Price 103.20

MCX Aluminium Technical Levels for 19.03.2013

MCX Aluminium Upper side breakout point     : 103.90(Buy Comes above this point)

MCX Aluminium Technical Resistances levels  : 104.50,104.90,105.40

MCX Aluminium Down side breakout point     :  102.80(Sell Comes below this point)

MCX Aluminium Technical Supports levels      : 102.30,101.80,101.20
MCX Commodity Yesterday(18.03.2013) Bhav Copy Data for reference
Commodity
Contract
Open
High
Low
Close
ZINC
28-Mar-13
104.5
104.5
102.45
102.65
ZINC MINI
28-Mar-13
104.65
104.65
102.45
102.7
NICKEL
28-Mar-13
913
913
894.7
896.7
NICKEL MINI
28-Mar-13
913
913
895
896.7
ALUMINIUM
28-Mar-13
104.5
104.5
102.9
103.2
ALUMINI
28-Mar-13
104.55
104.55
102.9
103.2
MCX Base Metals Weekly Pivot,Support,Resistance levels MCX weekly Pivot

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