Copper
Support at 309 and Resistance at 315
Close below 309 will take to 306--303---300 else it could test its resistance level of 315 again
Close above 315 will see further upside rally till 318---319 and then to 324 mark
Traders cam trade with levels only
Lead
Told to sell Lead below 125 mark. Just made a low of 121.75. Below 125... our target was 122---12.50 mark
Now what to expect???
Still looks weak and could test 120.50---119.00 mark
Already booked part profit and now revise stop loss above 123.50 on closing basis
Zinc
Too recommended selling in Zinc below 115.50. Crashed vertically and made a low of 112.80.
Now what to expect???
Still looks weak and could test 111.50---110 mark.
Already booked part profit.. Now revise stop loss above 114.50 on closing basis
Crude Oil
Support at 1980 and Resistance at 2025
Close below 1980 will take to 1940---1910 and then to 1860 mark in days to come else it could test its resistance level of 2025 again
Close above 2025 will see further upside rally till 2070---2100 mark
Trade with levels only.
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