MCX Copper Tips Today: Copper yesterday settled down by 1.78% at 665.6 as pressure seen as the global world refined copper market showed a 24,000 tonnes surplus in December, compared with a 93,000 tonnes deficit in November, the International Copper Study Group (ICSG) said in its latest monthly bulletin.
MCX Copper Tips
MCX Copper Tips – Real-time Copper intraday trading tips for today with targets and sl (stop loss), Copper Target, MCX Copper Trading Tips, jackpot call by Neal Bhai.
- Now a Days MCX Copper is highly traded commodity.
- MCX Copper has Value of ₹ 2500 per 1 Points
Nickel MCX Tips Today : All Target Price Hit Low 1184.30
Nickel MCX Tips Today : All Target Price Hit Low 1184.30. Nickel MCX yesterday settled up by 0.49% at 1364.1 as global manufacturing activity is surging as government-support programmess and low interestrates protect consumers’ incomes while restrictions on leisure travel and other services divert spending into merchandise.
Copper MCX Tips Today : All Target Price Hit High 704.20
Copper MCX Tips Today : All Target Price Hit. MCX Copper yesterday settled down by 0.7% at 698.05 as the positive data boosted the US index to return to above 91. Top consumer China posted weaker-than-expected factory growth in February after brief COVID-19-related disruptions earlier in the year.
Nickel MCX Tips Today : All Target Price Hit High 1352.60
Nickel MCX Tips Today : All Target Price Hit. MCX Nickel yesterday settled down by 0.58% at 1367.7 after the global nickel market surplus rose to 14,600 tones in December from an upwardly revised surplus of 7,400 tonnes in the previous month, data from the International Nickel Study Group (INSG) showed.
Copper Price Has Outperformed Other Base Metals
Copper price has outperformed other base metals such as aluminium and zinc amid a broad rally in commodities. Still, that offers little cheer to the Indian industry.
Copper Technical Analysis May Point to Short-Term Correction
Copper Technical Analysis May Point to Short-Term Correction : Copper has been the stand out commodity (metals) in terms of price action these past few weeks with multi-year highs being breached.
London Metal Exchange that Copper Prices will hit $12,000 per tonne
Traders are taking bets [buying calls] on the London Metal Exchange (LME) that copper prices will hit $12,000 per tonne by December.