Copper
Crashed vertically and made a fresh low of 302.20. We
recommended selling around 321 mark and clearly indicated to sell below 324
mark
Yesterday... again we recommended selling in Copper below
309 and booked part profit around 304.50
Now what to expect???
Our downside target intact 293---289. Only mantra to sell on
rise. Any reversal seems will update.
Nickel
Clearly indicated to sell Nickel below 618. Just made a low
of 607.
Now what to expect???
Two consecutive closes below 618 will take to 593---588 and
then to 576 mark in days to come
Revise stop loss above 625 on closing basis
Lead
Told to sell Lead below 106 with stop loss of 107.20. Just
made a low of 103.60
Now what to expect???
Close below 104.50 panic remain continue till 103---102 mark
in days to come
Already booked profit... Now revise stop loss of 105.50
Zinc
Panic continues and made a low of 102.10. We are
continuously recommended selling below 116 mark and yesterday told to sell
below 104.50 mark
Now what to expect???
Close below 102 will see further panic till 100.50---99.00
mark in days to come
Revise stop loss of 104.50 on closing basis
Crude oil
Support at 2670---2630---2550 and resistance at 2780---2830
Looks choppy and has no clear direction... So traders can
trade safely with levels only and wait for confirmation.
More will be update soon!!
