Zinc
Support at 101.50 and Resistance at 105---108.50
Looks weak and could test its support level of 101.50. Three
consecutive closes + weekly close below 101.50 will see free fall in Zinc till
96---93 and then to 89 mark in days to come
Else it could test its resistance level of 105---108.50
again
Further upside rally seen only close above 108.50 mark but
chances are unlikely to breach its resistance level of 108.50
Traders can trade with levels only.
Aluminium
Support at 95 and Resistance at 100.50
Looks weak and could test its support level of 95. Three
consecutive closes + weekly close below 95.00 will see free fall in Aluminium
till 91---88 mark in days to come else it could test its resistance level of
100.50 again
Further upside rally seen only close above 100.50 mark.
Traders can trade with levels only.
Lead
Support at 107 and Resistance at 112.50
Looks weak and could test its support level of 107. Three
consecutive closes + weekly close below 107 will see free fall in Lead till 103---99
and then to ???
Else it could test its resistance level of 112.50 again
Further upside rally seen only close above 112.50 mark but
chances are unlikely to breach its resistance level of 112.50 mark in near
terms
So traders can trade safely with levels only.
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