Copper
Support at 308 and Resistance at 314
Three consecutive closes + weekly close below 308 will see
sharp downside panic till 293---289 and then to 276 mark in days to come else
it could test its resistance level of 314 again
Close above 314 will take to 318---319 and then to 324 mark
Trade with levels only
Lead
Yesterday... we recommended selling in Lead below 116 mark.
Just made a low of 113.30.
Now what to expect???
Below 113.30... will see further panic till 112.80---112.00
mark. Three consecutive closes + weekly close below 112 will see free fall in
Lead in days to come
Hurdle at 114.60
Zinc
Told to sell around 104.80. Just made a low of 103.05
Now what to expect???
Close below 103.00 will take to 101---99.50 mark in days to
come else it could test its resistance level of 104.50 again
Further upside rally seen only close above 104.50 mark
Trade with levels only
Aluminium
Support at 97.50 and Resistance at 100.00
Looks weak and could test its support level of 97.50. Three
consecutive closes + weekly close below 97.50 will see sharp downside panic
till 93.00---92.00 and then to 88.00 mark in days to come
Else it could test its resistance level of 100.00 again.
Major Hurdle at 102.00
Trade with levels only.
More will be update soon only on our Android App.
