Lead
Support at 125---122 and Resistance at 128.00
Three consecutive closes + weekly close above 128.00 will see
sharp upside rally till 133---138 and then to 144+ mark in days to come
Fresh selling can initiate only weekly close below 122 mark
Copper
Support at 330 and Resistance at 340
Three consecutive closes + weekly close above 340 will see sharp
upside rally till 352---355 and then to 370+ mark in days to come else it could
test its support level of 330 again
Further downside panic will see only close below 330 mark
Trade with levels only
Nickel
We expected correction in it but things not clear at this
stage.
Now what to expect???
Support at 687 and Resistance at 704
Close above 704 will take to 716---723 and then to 740+ mark in
days to come else it could test its support level of 687 again
Further downside panic will see only close below 687 mark
Zinc
Close above 148.25 will take to 151---154+ mark in days to come
Support at 145.00
Aluminium
Support at 110 and Resistance at 112.50
Three consecutive closes + weekly close above 112.50 will see
sharp upside rally till 118---121+ mark in days to come
Support and stop loss below 110.00 on closing basis
