Monday 11 February 2013

MCX Base metals weekly View for Feb 11-15 '2013


MCX Copper

MCX Copper Closing Price 446.50.Chinese shanghai market weekly holiday makes base metals trade in dull/low volatile trading this week.MCX Copper looks positive for buying in Daily & Weekly Chart.

MCX Copper Weekly Technical Levels

MCX Copper Upper side breakout point     : 446.80(Buy Comes above that point)

MCX Copper Technical Resistances levels  : 448.40,451.40,453.60

MCX Copper Down side breakout point     :  445.10(Sell Comes above that point)

MCX Copper Technical Supports levels      : 443.60,440.10,438.60

MCX Copper Technical Range/Levels this week    :453.60-438.60

MCX Copper Fibonacci Trading Range this week  :450.35-437.20


MCX Lead

MCX Lead Closing Price 130.15.MCX Lead technically weak in MCX Daily & Weekly Charts.

MCX Lead Weekly Technical Levels

MCX Lead Upper side breakout point     : 131.20(Buy Comes above that point)

MCX Lead Technical Resistances levels  : 132.10,134.30,135.20

MCX Lead Down side breakout point     :  129.50(Sell Comes above that point)

MCX Lead Technical Supports levels      : 128.60,127.60,125.30

MCX Lead Technical Range/Levels this week    :135.20-125.30

MCX Lead Fibonacci Trading Range this week  :132.40-127.60


MCX Zinc

MCX Zinc Closing Price 117.80.MCX Zinc technically weak in MCX Daily Charts.But MCX Zinc Weekly chart positive for Buying side.


MCX Zinc Weekly Technical Levels

MCX Zinc Upper side breakout point     : 118.50(Buy Comes above that point)

MCX Zinc Technical Resistances levels  : 119.30,120.60,122.10

MCX Zinc  Down side breakout point     :  116.30 (Sell Comes above that point)

MCX Zinc Technical Supports levels      : 115.30,114.80,113.40

MCX Zinc  Technical Range/Levels this week    :122.10-113.40

MCX Zinc  Fibonacci Trading Range this week  :120.10-112.50


MCX Nickel

MCX Nickel Closing Price 984.10.MCX Nickel technically weak in MCX Daily & Weekly Charts.Fundamentals are also not favor for buying.

MCX Nickel Weekly Technical Levels

MCX Nickel Upper side breakout point     : 992.40(Buy Comes above that point)

MCX Nickel Technical Resistances levels  : 998.60,1003.70,1008.40

MCX Nickel Down side breakout point     :  980 (Sell Comes above that point)

MCX Nickel Technical Supports levels      : 975.10,967,959

MCX Nickel Technical Range/Levels this week    :1008.40-959

MCX Nickel Fibonacci Trading Range this week  :1004.50-962.50

MCX Aluminium

MCX Aluminium Closing Price 112.60.MCX Aluminium technically weak in MCX Daily Charts.But MCX Zinc Weekly chart positive for Buying side.

MCX Aluminium Weekly Technical Levels

MCX Aluminium Upper side breakout point     : 113.40(Buy Comes above that point)

MCX Aluminium Technical Resistances levels  : 114.30,115.30,116.20

MCX Aluminium Down side breakout point     :  110.40 (Sell Comes above that point)

MCX Aluminium Technical Supports levels      : 109.40,108.50,107.10

MCX Aluminium Technical Range/Levels this week    :116.20-107.10

MCX Aluminium Fibonacci Trading Range this week  :114.25-107.80

MCX Commodity Last week(Feb'4-Feb'8'2013) Bhav Copy Data for reference
Commodity
Open
High
Low
Close
Copper
443.7
446.75
439.30
446.5
Lead
130.7
131.25
127.7
130.15
Nickel
989.8
997.4
970
984.1
Zinc
115.7
118
113.75
117.8
Aluminum
112.35
112.95
110.00
112.6

Related Links:



No comments:

Post a Comment