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Wednesday, November 4, 2015

Update on Basemetals 04 Nov 2015





Base metals are moving towards north direction but still upper side seems limited and anytime we will see sharp panic in it.



Intraday upside move could possible but we will not recommend any positional buying at this stage.



Copper has support ar 339 and resistance at 342---345

Nickel has support at 655---640 and resistance at 670

Lead has support at 110.50 and resistance at 112.50

Zinc has support at 109.50 and resistance at 112.50

Aluminium has support at 96 and reistance at 99.50






Trade safely with levels only... Anything seems will update.