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

| More

Base Metals - June 7, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Posted On: 2021-06-07 17:08:48 (Time Zone: UTC)


Base metals prices traded weak on Monday with most of the metals continued down side in the morning trade. Base metals traded under pressure on stronger dollar and weak demand outlook form China while lesser than expected US payroll numbers also added pressure. The fear of unwinding of stimulus measures and inflation concerns have pushed base metals prices lower.

Copper prices at Shanghai fell to six week lows on expectations of US policy actions. The US treasury secretary Jennet Yellen pushed for US President's $4 trillion spending plan with some spike in inflation and interest rates.

We expect base metals to trade sideways to down with MCX Copper June support lies at Rs. 725 and resistance at Rs. 754. MCX Zinc June support lies at Rs. 228, resistance at Rs. 243. MCX Nickel June support lies at Rs. 1240 with resistance at Rs. 1360.


Source: Equity Bulls

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


Other Headlines:

Copper - July 30, 2021 - Reliance Securities

Crude Oil - July 30, 2021 - Reliance Securities

Gold and Silver - July 30, 2021 - Reliance Securities

Crude Oil - July 30, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - July 30, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - July 28, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - July 28, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - July 27, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - July 27, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - July 27, 2021 - Reliance Securities

Gold and Silver - July 27, 2021 - Reliance Securities

Crude Oil - July 23, 2021 - Reliance Securities

Gold and Silver - July 23, 2021 - Reliance Securities

Copper - July 23, 2021 - Reliance Securities

Crude Oil - July 23, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - July 23, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Silver - July 22, 2021 - Reliance Securities

Crude Oil - July 22, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - July 22, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - July 22, 2021 - Reliance Securities

Gold - July 22, 2021 - Reliance Securities

Base Metals - July 19, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - July 19, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - July 19, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Silver - July 19, 2021 - Reliance Securities

Crude Oil - July 19, 2021 - Reliance Securities

Gold - July 19, 2021 - Reliance Securities

Copper - July 17, 2021 - Reliance Securities

Crude Oil - July 17, 2021 - Reliance Securities

Gold and Silver - July 17, 2021 - Reliance Securities

Crude Oil - July 16, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - July 16, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - July 15, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - July 15, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Silver - July 15, 2021 - Reliance Securities

Crude Oil - July 15, 2021 - Reliance Securities

Gold - July 15, 2021 - Reliance Securities

Copper - July 14, 2021 - Reliance Securities

Crude Oil - July 14, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Gold - July 14, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Crude Oil - July 14, 2021 - Reliance Securities

Gold and Silver - July 14, 2021 - Reliance Securities

Silver - July 13, 2021 - Reliance Securities

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

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

Crude Oil - July 13, 2021 - Reliance Securities

Gold - July 13, 2021 - Reliance Securities

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

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

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


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

disclaimer copyright © 2005 - 2020