Wednesday, August 27, 2014

Free Base Metals Tips: Copper, Nickel

MCX Base Metals Trend Today: Base metal segment on MCX India is trading bearish today. All base metals are not getting any support from the American data. On London Metal Exchange (LME) all commodities are trading in a narrow range, the impact is clearly visible in commodity market in India. Most affected commodity today is copper on MCX which is trading down from it's previous close by 0.5 percent at around 424 while zinc, nickel, aluminium are also trading on lower side. There are no chances of recovery in base metal in the day trading session. If you are a intraday trader in base metals, we advice you to trade with strict support & resistance level.