OUR NEW WEBSITE IS COMING UP SOON. KEEP VISITING THIS PAGE FOR MORE UPDATES. ----- JOIN OUR WhatsApp BROADCAST LIST, GIVE MISSED CALL ON 08893534646

Monday, May 30, 2016

Update on Basemetals and Crude Oil 30 May 2016






Copper





Support at 312.50 and Resistance at 318


Close below 312.50 will take to 308---305.50. Two consecutive closes below 305.50 will see free fall in Copper else it could test its resistance level of 318 again


Further upside rally will see only close above 318 mark


Trade with levels only











Lead





Support at 112.80. Decisive break and sustain below 112.80 will take to 111.50---110.00 mark in days to come else it could test its resistance level of 115.50---117.00 again

Further upside rally will see only close above 117.00 mark


Trade with levels only










Crude Oil






Support at 3280 and Resistance at 3340---3380


Two consecutive closes below 3280 will take to 3220---3180 and then to 3120 mark in days to come else it could test its resistance level of 3340---3380 again


Further upside rally will see only close above 3380 mark



Trade with levels only























More will be update soon!!