Copper
Support at 346 and Resistance at 355---358
Traders can trade in a range with strict stop loss and wait
for confirmation....Anything seems will update
Zinc
Not able to breach its support level of 119 and bounced back
sharply to 122.35. Our hurdle was 122.50
Now what to expect???
Support at 119 and Resistance at 121---122.50
Still trading in a range with strict stop loss... Wait for
confirmation
Aluminium
Support at 105 and Resistance at 108
Two consecutive closes above 108 will take to 111---113.50+
mark in days to come else it could test its support level of 105 again
Two consecutive closes below 105 will take to 102---100.50
mark else it could
Trade with levels only
Crude Oil
Yesterday... we have seen high volatility in Crude oil. It
made a high of 3083 and a low of 2880. Finally settled at 3034
Now what to expect???
Above 3100.. we will expect rally in Crude oil till
3150---3180 and then to 3260. Further upside rally seen only close above 3260
mark else it could test its support level of 3030 again
Close below 3030 will take to 2970---2930 and then to 2880
mark again
Trade with levels only.
