MCX Copper is expected to surge on China's Copper import data. Today MCX Copper it opened up as positive China’s copper imports data supported the trend. MCX Nickel, Lead and Zinc prices managed to hold earlier gains and expected to trade with positive bias further.
Technical Levels for Base metals : Today, some prices are expected to trade sideways to positive.
- MCX Copper (Nov): S1=384, R1=391
- MCX Nickel (Nov): S1=930, R1=945
- MCX Lead (Nov): S1=103.50, R1=105.60
- MCX Zinc (Nov): S1=100, R1=102
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