Copper
Support at 306 and Resistance at 310
Close below 306 will take to 302---396 mark else it could test its resistance level of 310 again
Close above 310 will take to 315---318+ mark
Traders can trade safely with levels only... Anything seems will update via App
Lead
Panic continuesssss.... Clearly indicated that below 112.90 will see panic till 111---110 mark. Just made a low of 111.80
Now what to expect???
Close below 112.30 will take to 111---110 mark. Those are holding short as per our level can book part profit and revise stop loss above 114.30 on closing basis
Zinc
Support at 116 and Resistance at 118.50
Two consecutive closes below 116 will take to 113.50---112.00 mark in days to come else it could test its resistance level of 118.50 again
Close above 118.50 will take to 120---121 mark
Traders can trade safely with levels only and wait for confirmation... Anything seems will update via App
Nickel
Support at 550 and Resistance at 580---600
Either side break or close with volume will decide further...Till then traders can trade safely with levels only and wait for confirmation
Anything seems will update via App
Crude Oil
Told to sell around 2650 with stop loss of 2680. Booked profit around 2615---2610. It made a low of 2612 and bounced back
Again
Told to buy around 2660---2650 with stop loss below 2610. Made a high of 2707 and slipped again
Now what to expect???
Support at 2640 and Resistance at 2740
Close below 2640 will take to 2580---2550 and then to 2480 mark else it could test its resistance level of 2740 again
Close above 2740 will see further upside rally till 2790---2850 mark
2850 act as major hurdle
Traders can trade safely with levels only... Anything seems will update via App
Natural Gas
Support at 124 and Resistance at 132---138
Either side break or close with volume will decide further... So traders can trade safely with levels only and wait for confirmation
Anything seems will update via App
More will be update soon!!
