Copper
Unable to breach its resistance level of 340.00 and and slipped again to 332.00 mark.
Now what to expect???
Support at 330.50---329.00 and Resistance at 335.50
Looks weak and could test its support level of 330.50---329.00. Two consecutive closes below 329.00 will see further downside panic till 325.00---321.00 mark in days to come
We will expect this panic up to 317.00---313.00 mark
Trade with levels only
Nickel
Third time in a row... unable to breach its resistance level of 600 and slipped again
Now what to expect???
Support at 570 and Resistance at 600
Two consecutive closes below 570 will see sharp downside panic till 540---525 mark in days to come
Fresh buying can initiate only close above 600 mark
Trade with levels only
Zinc
Support at 118.00 and Resistance at 120.00
Close below 118.00 will take to 116.00---114.50 mark in days to come else it could test its resistance level of 120.00 again
Further upside rally will see only close above 120.00 mark
Trade with levels only
Lead
Support at 122.00 and Resistance at 125.00
Close below 122.00 will take to 119.00---116.50 mark in days to come else it could test its resistance level of 125.00 again
Further upside rally seen only close above 125.00
Trade with levels only
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