Copper
As expected, our sell call of copper from 443---424 proven great.
Now what to expect???
Close below 428 will take it to 422—417 and then 412 mark in near term.
Fresh buying can be initiated only above 437.
Nickel
Support is 735 and Resistance at 765.
Break and close below 735 will take it to 715—708 and then 690 mark
Fresh buying can be initiated only above 765 mark.
Trade with levels only.
Lead
Support at 143 and Resistance at 147.50
Break and sustain below 143 will take it to 140.50---138 and then 135 mark in near term else it could touch its resistance level of 147.50 again.
Fresh buying can be initiated above 147.50 mark.
Trade with levels only. Any reversal seems will update
Zinc
Support seen at 194.50 and Resistance is at 196
Break and sustain below 194.50 will take it to 193 and then to 189---185 mark in near term else it could touch its resistance level of 196 again.
Fresh buying can be initiated above 196 only.
Trade with levels only.
Aluminium
Support at 132.50 and resistance is 136.50
If prices unable to breach its immediate hurdle of 136.50 then we can see vertical crash in till 132.50. Break and sustain below 132.50 will take it to 129.50—127.00 and then 125.00 mark in near term.
Fresh buying can be initiated only above 136.5.
Trade with levels only. Any reversal seems will update
More will update soon!!
