Copper
Told to buy Copper above 316. Just made a high of 320.
Now what to expect???
Still looks positive and could test 321---324. Three consecutive closes + weekly close above 324 will see non stop rally in Copper till 340---355+ mark in days to come
Else it could test its support level of 310---306 again
Further downside panic will see only weekly close below 306 mark
Trade with levels only
Nickel
Holding long from 557---552 mark. Just made a high of 593.90
Now what to expect???
Close above 600 will see further upside rally till 610---625. Three consecutive closes + weekly close above 625 will see sharp upside rally in it
Trade with levels only
Natural Gas
Told to sell below 129 with stop loss of 135 for the downside target of 124---118. It made a low of 122.40
Now what to expect???
Close below 123 will see further panic till 120---118 and then to 110 mark in days to come
Revise stop loss of 126.50 on closing basis
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