Copper
Yesterday made a low of 326.10 and bounced back.
Today we recommended buying in Copper around 330.50---330 with stop loss of
326. It flared like anything and made a high of 334
Still looks positive and any sharp panic will be buying
opportunity in Copper... Stop intact of 326
Nickel
Support at 670 and Resistance at 700
Two consecutive closes below 670 will see free
fall in Nickel till 645---630 else it could test its resistance level of 700
again
Further upside rally seen only weekly close above 700 mark.
Major hurdle at 730
Trade with levels only
Lead
Not able to breach its support level of 108.80
and bounced back again. We told to revise stop loss of 111.70
Now what to expect???
Now it looks like that it gets U turn and we will expect
rally to remain continue.
In panic will buy... Positional stop loss of 108.80
Zinc
Not able to breach its support level 115 and bounced back
sharply. We revised stop loss of 117
Now what to expect???
Above 117... rally remain continue till 121---123 and then
to 127+ mark in days to come
In panic will buy.. Stop loss of 115
Aluminium
Support at 99.50 and Resistance at 101.50
Two consecutive closes + weekly close above 101.50 will take
to 104---105.50+ mark in days to come
In panic will buy.. Positional stop loss of 99.50
More will update soon till then trade with levels only.
