Copper
Unable to breach its resistance level of 318 and slipped again
to 303.50 mark
Now what to expect???
Close below 302.50 will take to 297---294 and then to 289 mark.
More and more downside panic will see only close below 289 else it could test
its resistance level of 310 and then to 315---318 again
Fresh buying can initiate only above 318 mark. Immediate hurdle
at 310
Trade with levels only
Nickel
Support at 590 and Resistance at 610
Close below 590 will take to 578---572 and then to 555 mark else
it could test its resistance level of 610 again
Further upside rally will see only close above 610 mark
Trade with levels only
Lead
Support at 113 and Resistance at 116
Weekly close below 113 will take to 110.50---109.00 mark in days
to come else it could test its resistance level of 116 again
Further upside rally will see only close above 116.00 mark
Trade with levels only
Zinc
Support at 134.50 and Resistance at 136.00
Close below 134.50 will take to 133---132 mark. More and more downside
panic will see only weekly close below 132 else it could test its resistance
level of 136.00 again
Close above 136.00 will see further upside rally till 138---139
mark
140 act as major hurdle in Zinc
Aluminium
Support at 107.00 and Resistance at 109.00
Close below 107.00 will take to 105.50---104.00 mark in days to
come else it could test its resistance level of 109.00 again
Ba cautious at upper levels... Anything seems will update via
SMS
More will update soon...
