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Friday, November 13, 2015

Update on Base metals 13 Nov 2015









Lead... 105 act as major support or we can say that last hope for bull riders. Weekly close below 105 will see vertical crash in it.



While Nickel has last support at 618. Weekly close below 618 will take to 576 mark in days to come.


Zinc has support at 105 and resistance at 108.


Copper... Weekly close below 324 will take to 293---289 mark in  days to come. Any sharp rise will be selling opportunity with stop loss of 333 on closing basis



We will not jump to buy base metal at this stage too until and unless major U-Turn seen on daily charts.




More will be update soon!!