Base
metals are not sustaining at upper levels.
So now we remain cautious at upper
levels.
This week is very crucial for base metals
Have
a look on it!!
Copper
Support
at 296 and Resistance at 303
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 303 again
Further
upside rally seen 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
Trade with levels only!!
Zinc
Support
at 100 and Resistance at 103.50
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 103.50 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---97.50. Three consecutive closes
+ weekly close below 97.50 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!!
More
will update soon!!
