Copper
Support at 340 and Resistance at 343
Decisive break and sustain below 340 will take to
337---334.50. Further panic seen only close below 334.50 mark else it could
test its resistance level of 343 again
Above 343... once again it could test 347---348.50+ mark
Today.. Copper has an expiry. So traders can trade safely
with levels only.
Crude Oil
Support at 2890 and Resistance at 3050---3120
Looks positive and could test its resistance level of 3050
and then to 3090---3120 mark
Fresh selling can initiate only close below 2890 level
Close below 2890 will take to 2830---2780 and then to 2650
mark in days to come
Traders can trade with levels only.... More will update soon!!