Copper
Not able to breach its support level of 302.50 and bounced back. CMP 306
Now what to expect???
Support at 302 and Resistance at 310---318
Either side break or close with volume will decide further. till then traders can trade with levels only and wait for confirmation
Nickel
Too unable to breach its support level of 590 and bounced back. CMP 608
Weekly close above 610 will take to 625---640+ mark in days to come else it could test its support level of 590 again
Further downside panic will see only weekly close below 590 mark
Trade with levels only
Lead
Too unable to breach its support level of 113 and bounced back to 115.95
Now what to expect???
Support at 113 and Resistance at 116
Either side break or close with volume will decide further. Till then traders can trade in a range with strict stop loss and wait for confirmation
Anything seems will update via App
Zinc
Panic continuesssssss... Unable to breach its resistance level of 136 and slipped again to 132.95
Now what to expect???
Close below 132.50 will see further downside panic till 130---128 mark
Hurdle intact at 135---136 mark
Aluminium
Support at 107 and Resistance at 109
Close below 107 will take to 104.50---104 mark in days to come else it could test its resistance level of 109 again
Further upside rally will see only close above 109.00 mark
Trade with levels only
Crude Oil
Support at 3110 and Resistance at 3190---3250
Close below 3110 will see further downside panic till 3040---3025 else it could test its resistance level of 3190---3250 again
Further upside rally will see only weekly close above 3250 mark
Trade with levels only
Natural Gas
Support at 170 and Resistance at 176
Either side break or close with volume will decide further... Till then traders can trade in a range with strict stop loss and wait for confirmation
Anything seems will update via App
More will update soon!!
