Copper
Copper has support at 337---334 and Resistance at 345
Two consecutive closes above 345 will take to 351---355+
mark in days to come
Fresh selling can initiate only close below 334 mark
Trade with levels only
Zinc
Took exact support level of 107.50 and bounced back sharply
and now trading around 111.60. We recommended buying above 110 mark
Now what to expect???
Two consecutive closes above 110 will take to 112---113.50+
mark in days to come
Fresh selling can initiate only close below 107.50 mark
Lead
Support at 108 and Resistance at 109.20
Decisive break and sustain above 109.20 will take to
111---112.50+ mark in days to come else it could test its support level of 108
again
Close below 108 will take to 106.50---105.00 mark in days to
come
Trade with levels only
Aluminium
Support at 100.20 and Resistance at 101.80
Close above 101.80 will take to 103---104.50+ mark in days
to come else it could test its support level of 100.20 and then to
99.80---99.40 again
Further panic will see only weekly close below 100.20 mark
Trade with levels only
Nickel
Support at 640 and Resistance at 660
Two consecutive closes above 660 will take to 680---690 and
then to 705+ mark in days to come
Fresh selling can initiate only close below 640 mark
Trade with levels only
More will be update soon!!