Copper
Support at 324---321 and Resistance at 330. Two consecutive closes above 330 will take to 335---339 mark again else it could test its support level of 324---321 again
Further downside panic will see only close below 321 mark
Trade with levels only
Nickel
Support at 590 and Resistance at 640
If it unable to breach its support level of 590 then it could test its resistance level of 625---640 again
Three consecutive closes + weekly close above 640 will take to ???
Close below 590 will take to 570---555 again
Traders can trade with levels only and wait for confirmation.... Anything seems will update via App
Aluminium
Two consecutive stop loss triggered in choppy session and now trading around 109
Support at 108 and Resistance at 110.50
Two consecutive closes below 108 will take to 105---103.50 mark in days to come else it could test its resistance level of 110.50 again
Three consecutive closes + weekly close above 110.50 will take to ???
Traders can trade with levels only
Crude oil
Support at 2950 and Resistance at 3030
Two consecutive closes above 3030 will take to 3090---3150+ mark in days to come else it could test its support level of 2950 again
Two consecutive closes below 2950 will take to 2880---2850 and then to 2780 mark in days to come
Trade with levels only
Natural Gas
Support at 141---135 and Resistance at 148
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
Traders remain cautious in metal segment due to ahead of expiry. We will expect high volatility in it.
More will be update soon!!
