Copper
Support at 296 and Resistance at 300
Two consecutive closes below 296 will see panic till
291---289 and then to 276 mark in days to come else it could test its
resistance level of 300 again
Close above 300 will see further upside rally till 303---306
mark. More and more power will see only weekly close above 306 mark
Trade with levels only.
Lead
Support at 109 and Resistance at 111.50
Two consecutive closes below 109 will see further panic till
107---106 and then to 103.50 mark in days to come
Fresh buying can initiate only weekly close above 111.50
mark.
Zinc
Support at 100 and Resistance at 103
Three consecutive closes + weekly close below 100 will see
more panic till 97---96 and then to 89 mark in days to come
Else it could test its resistance level of 103 again
Further upside rally seen only weekly close above 103.50
mark
Trade with levels only
Aluminium
Below 100.50.... sell it. We will see panic till 99---98
mark. Three consecutive closes + weekly close below 98 will see free fall in
Aluminium else it could test its resistance level of 102.50 again
Further upside rally seen only weekly close above 102.50
mark
Trade with levels only.
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