Copper
Close below 307 will take to 301---296 and then to 289 mark.
Further panic will see only close below 289 mark. Three consecutive closes +
weekly close below 289 will see free fall in Copper till 268---256 mark in days
to come
On rise sell it!! Hurdle intact 313---318
Traders can trade with levels only... Anything seems will
update on our Android App.
Nickel
Support at 576 and Resistance at 610---625
Looks weak and could test its support level of 576. Two
consecutive closes below 576 will see further panic till 540---525 and then to
490 mark in days to come.
Else it could test its resistance level of 610---625 again
Further upside rally seen only close above 625 mark.
Trade with levels only
Zinc
As expected... Zinc slipped and made a low of
102.40. Clearly indicated to sell on rise
Now what to expect???
Support at 102.00 and Resistance at 105.50
Looks weak and could test its support level of 102.00. Three
consecutive closes + weekly close below 102.00 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 105.50 again
Further upside rally seen only close above 105.50
Traders can trade with levels only.
Aluminium
Support at 98.50---95.00 and Resistance at 100.50
Close below 98.50 will take to 96.50---95.00 mark. 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
Crude oil
Told to sell Crude oil positional around 2800---2820. Just
made a low of 2695
Now what to expect???
Close below 2680 will see further panic till 2630---2580
mark in days to come.
Our ultimate target intact 2650---2580 mark.
Hold short... Any reversal seems will update. Till
then traders can trade in a rage with levels only and wait for confirmation.
More will update soon on our Android App.
