Copper
We recommended buying in Copper above 310 with stop loss below 306. Flared and made a high of 318.70
Now what to expect???
Close above 319 will take to 324---327 and then to 334+ mark in days to come else it could test its support level of 313 again
Further downside panic will see only close below 313 mark
Trade with levels only
Nickel
Told to buy around 590 with stop loss below 560. Just made a high of 598.30
Two consecutive closes above 590 will take to 610---625+ mark in days to come
In panic will buy... Stop loss below 560 on closing basis
Zinc
Told to buy above 118.50 with stop loss below 116. Flared and made a high of 123.85
Now what to expect???
Still looks positive and could test 124---125.50. Further upside rally will see only weekly close above 125.50 mark
Else it could test its support level of 122---121 and then to 118.50 mark
Looks positive but wait for entry.. We will expect panic for buying or fresh trend to buy. Anything seems will update via App
Aluminium
Support at 99.50 and Resistance at 103
Three consecutive closes + weekly close above 103 will take to 108---109.50+ mark in days to come
Fresh selling can initiate only close below 99.50 mark
Traders can buy and accumulate Aluminium or Aluminium mini in panic with strict stop loss below 99.50 on closing basis
Lead
Too told to buy Lead around 114 with stop loss below 113. Too flared and made a high of 115.60
Now what to expect???
Support at 114 and Resistance at 116
Two consecutive closes above 116 will take to 118---119 and then to 120.50+ mark in days to come else it could test its support level of 114 again
Further downside panic will see only close below 114 mark
Trade with levels only
Crude oil
Support at 2740 and Resistance at 2805
Decisive break and sustain below 2740 will take to 2690---2660 and then to 2610 mark else it could test its resistance level of 2805 again
Further upside rally seen only close above 2805 mark
Two consecutive closes above 2805 will take to 2845---2870 and then to 2930+ mark in days to come
Traders can trade with levels only
More will be update soon!!
