Copper
Support at 361.50 and Resistance at 368
Weekly close below 361.50 will see free fall in Copper till
354---348 and then to 343 mark in days to come else it could test its
resistance level of 368 again
Close above 368 will see further upside rally till
371---373.50 mark
373.50 act as major hurdle... Traders can trade with levels
only
Nickel
Below 690... panic remain continue till 678---673 and then
to 665 mark
Fresh buying can initiate only close above 705 mark
Upper side seems limited in Nickel but trade with levels
only.
Anything seems will update
Lead
Told to sell around 114.80---115. Just made a low of
114.
Close below 113.50 will see further panic till 112----111
mark in days to come
Fresh buying can initiate only weekly close above 116.50
mark
Trade with levels only
Zinc
Support at 120.50 and Resistance at 123
Weekly close below 120.50 will take to 118---117 mark in
days to come
Fresh buying can initiate only close above 123 mark
Trade with levels only
Aluminium
Support at 108 and Resistance at 110
Weekly close below 108 will take to 106---105. Further panic
seen only close below 105 mark
Further upside rally seen only close above 110 mark on
weekly basis
Trade with levels only
Crude Oil
Decisive break and sustain below 2980 will see further panic till 2950---2920 and then to 2880 mark else it could test its resistance level of 3050 and then to 3080---3120 mark
Looks choppy and has no clear direction... So traders can trade in a range with strict stop loss and wait for confirmation
Natural Gas
Trading in a range from last few trading sessions and this
trend remain continue in today's trading session too
Support at 174 and Resistance at 184---190
So traders can trade in a range with strict stop loss.
Anything seems will update.
