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Tuesday, November 22, 2016

Lead, Zinc, Nickel & Aluminium levels for the day 22 Nov 2016







Lead 



Support at 148.50 and Resistance at 150---151.50

Below 148.50 it can touch 147---145.50 and then to 142 mark else could its resistance level of 150---151.50 again

Fresh buying only above 151.50






Zinc




Support at 176 and resistance 179


Break and sustain below 176 will take it to 173.50---172.00 else could test its resistance level of 179.

Further upside rally will see on close above 179






Aluminium




Support at 117.00 and resistance at 119.00

Three consecutive close + weekly close above 119.00 will take it to 122—125+ mark in days to come else could test its support level of 117.00

Further downside panic will see only below 117.00






Nickel




Support at 760 and resistance at 780

Three consecutive close + weekly close above 780 will take it 800---815+ mark in days to come else could test its support level of 760

Looks weak only close below 760.














More will update soon!!