Copper
Support at 330---323 and Resistance at 340
Close below 330 will take to 326---323 mark in days to come
else it could test its resistance level of 340 again
Further upside rally seen only close above 340 mark
Trade with levels only
Nickel
Told to sell Nickel around 670. Crashed vertically and made
a low of 618.40 and now trading around 638.
Support at 610 and resistance at 650---680
Traders can trade in a range with strict stop loss and wait
for confirmation.
Anything seems will update.
Crude Oil
Below 2630... out target was 2580---2550. It made a low of
2577 and bounced back. CMP 2630
Support at 2570---2540 and Resistance at 2685---2730
Still looks weak and could test its support level of
2570---2540. Further panic seen only close below 2540 mark else it could test
its resistance level of 2685---2730 again
Further upside rally seen only close above 2730 mark
Trade with levels only
Natural Gas
Support at 175 and Resistance at 180.50
Two consecutive closes below 175 will take to 171---167 and
then to 163 mark in days to come
Fresh buying can initiate only close above 181 mark
Above 181... it could test 184---188---190 again.
Traders
can trade in a range with strict stop loss and wait for confirmation.
