LME Inventory:

  • Copper  DOWN    -875
  • Zinc    DOWN    -3150
  • Lead    DOWN    -250
  • Nickel  DOWN    -24
  • Aluminum        UP      5850

Cancelled warrant ratio

  • Copper  DOWN     (0.21)
  • Zinc    UP       0.17
  • Lead    DOWN     (0.70)
  • Nickel  UP       0.03

IMPACT: Base metals inventory declined except Aluminum while the cancelled warrants have also remained weak and may continue to presurrize gains in base metals. Zinc and Nickel demand has been improving consecutively for the second day of the week indicating higher demand from spot front and may limit downside in these two metals

Free Strategic Recommendation Update : Call Given @ 18.09.2012 ,01:30 PM, Buy Zinc @ Cmp : 110.55,Sell Aluminium @ Cmp: 114.85, Current Diff : 4.30,Expected:  3.30/2.30, SL: 6 – www.Commodity20.com 

Zinc-Aluminium Strategy Call : Zinc Baught @ 110.55,Cmp:112.55,Diff: 2 , Profit:10000 ,Aluminum Sold @ 114.85,Cmp:112.45,Diff: 2.4,Profit: 12000, Book Profit of Rs.22000 /- per Lot, – www.Commodity20.com,21.09.12,13:30 PM

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