Copper
Below 340... our target was 337---334.50. It made a low of
335.10 and bounced back
Now what to expect???
Support at 345.80 and Resistance at 348.80
Decisive break and sustain below 345.80 will take to
342.80---341.50. Further panic seen only close below 341.50 mark else it could
test its resistance level of 348.80 again
Above 348.80... once again it could test 351.80---352.50+
mark
Traders can trade with levels only
Crude Oil
Not able to breach its support level of 2890 and
bounced back sharply to 3260 mark.
Now what to expect???
Support at 3070 and Resistance at 3260---3350
Looks positive and could test its resistance level of
3260---3350 mark
Fresh selling can initiate only close below 3070 level
Traders can trade with levels only....
More will update soon!!
