MCX NCDEX TRADING TIPS FOR TODAY|FREE COMMODITY TREND

MCX NCDEX TIPS TODAY 3 JAN:- (MCX), COMDEX opened on a positive terrain after a rise of 14.72 points, or 0.39% on Monday.

Copper: MCX Copper may note some gains tracking international exchanges. LME copper is trading higher in early trades today.
Aluminum: MCX Aluminum may note some gains tracking international markets.
Zinc: MCX Zinc may note some gains tracking firmness inc opper prices. The upside may be capped amid higher stocks at LME warehouses. However, stocks at LME fell by 4,600 tons last week while those at SAFE fell 1878 tons. Support for MCX Zinc January contract is seen at Rs 97 while resistance is seen at Rs.100.5.
Nickel: MCX Nickel may note some gains tracking international markets, the upside however remains capped.
Lead: MCX Lead may note some gains tracking firmness in copper prices.
Steel: NCDEX Steel may trade sideways with a positive bias amid tightness in physical markets. Support for NCDEX Steel January contract is seen at Rs.33,000 while resistance is seen at Rs.34,000.  
 buy MCX Jan crude on any dips below Rs 5300 per barrel. His target is Rs 5450-5500, with a stop loss of Rs 5245 per barrel.

For More Tips FILL THE TRIAL FORM

Read More