Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Commodities

| More

Copper - Reliance Securities - March 4, 2021

Posted On: 2021-03-04 08:05:29 (Time Zone: Arizona, USA)


Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities

LME Copper and rest of the base metal prices extended their cuts this Thursday morning and early afternoon trade in Asia amid profit booking.

LME Nickel prices crashed on Thursday after a major deal by Chinese firm Tsingshan eased worries of battery-grade nickel supply shortage.

China's Tsingshan Holding Group, a nickel and stainless-steel giant, will provide 100,000 tonnes of nickel matte to Huayou Cobalt and battery materials maker CNGR Advanced Material.

Technically, LME Copper could see downside pressure up to $8955-$8684 levels. Resistance is at $9130-$6260 levels.

Technically, LME Nickel could trade in a range of $15400-$16600 levels in coming session.

Domestic copper and nickel prices are trading lower, tracking weak overseas prices.

Technically, MCX Copper March could see a downside pressure up to 689-684 levels. Resistance is at 697-703 levels.

MCX Nickel March could see a downside momentum up to 1150-1108 levels. Resistance is at 1210-1235 levels.

Disclaimer: The recommendations, if any, made herein are expression of views and/or opinions and should not be deemed or construed to be neither advice for the purpose of purchase or sale of any security, derivatives or any other security through RSL nor any solicitation or offering of any investment /trading opportunity on behalf of the issuer(s) of the respective security(ies) referred to herein. These information / opinions / views are not meant to serve as a professional investment guide for the readers. No action is solicited based upon the information provided herein. Recipients should rely on information/data arising out of their own investigations. Readers are advised to seek independent professional advice and arrive at an informed trading/investment decision before executing any trades or making any investments. While due care has been taken to ensure that the disclosures and opinions given are fair and reasonable, none of the directors, employees, affiliates or representatives of RSL shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way whatsoever from the information / opinions / views contained herein.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Crude Oil - April 13, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - April 13, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - April 13, 2021 - Reliance Securities

Silver - April 13, 2021 - Reliance Securities

Gold - April 13, 2021 - Reliance Securities

Base Metals - April 12, 2021 - Mr. Tapan Patel, Senior Analyst (Commodities), HDFC Ssecurities

Crude Oil - April 12, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - April 12, 2021 - Mr. Tapan Patel, Senior Analyst (Commodities), HDFC Securities

Crude Oil - April 12, 2021 - Reliance Securities

Silver - April 12, 2021 - Reliance Securities

Gold - April 12, 2021 - Reliance Securities

Crude Oil - April 9, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - April 9, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - April 9, 2021 - Reliance Securities

Silver - April 9, 2021 - Reliance Securities

Gold - April 9, 2021 - Reliance Securities

Copper - April 8, 2021 - Reliance Securities

Crude Oil - April 8, 2021 - Reliance Securities

Gold - April 8, 2021 - Reliance Securities

Crude Oil - April 8, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - April 8, 2021 Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - April 7, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - April 7, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - April 7, 2021 - Reliance Securities

Silver - April 7, 2021 - Reliance Securities

Gold - April 7, 2021 - Reliance Securities

Copper - Outlook - April 7, 2021 - Reliance Securities

Crude Oil - Outlook - April 7, 2021 - Reliance Securities

Gold - Outlook - April 7, 2021 - Reliance Securities

Crude Oil - April 6, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - April 6, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - April 6, 2021 - Reliance Securities

Silver - April 6, 2021 - Reliance Securities

Gold - April 6, 2021 - Reliance Securities

Copper - Outlook - April 6, 2021 - Reliance Securities

Crude Oil - Outlook - April 6, 2021 - Reliance Securities

Gold - Outlook - April 6, 2021 - Reliance Securities

Base Metals - April 5, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - April 5, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - April 5, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - April 5, 2021 - Reliance Securities

Silver - April 5, 2021 - Reliance Securities

Gold - April 5, 2021 - Reliance Securities

Crude Oil - April 1, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - April 1, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - April 1, 2021 - Reliance Securities

Silver - April 1, 2021 - Reliance Securities

Gold - April 1, 2021 - Reliance Securities

Copper - Outlook - April 1, 2021 - Reliance Securities

Crude Oil - Outlook - April 1, 2021 - Reliance Securities



Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020