Copper
Support at 389 and resistance at 400
Looks positive only close above 400 and could test its resistance level of 405—408 and then to 413 else it could touch its support level of 389 again.
Looks weak only close below 389 mark. Minor support at 396.
Trade with levels only
Nickel
It crashed and made a low of 655 and now trading around 668
Now what to expect???
Support at 655 and Resistance at 680
Three consecutive close + weekly close above 680 will see U-Turn in Nickel else could test its support level of 655 again.
Further downside panic will see on close below 655 mark.
Lead
Support at 157.00 resistance at 162.00
Break and close above 162 will take it to 166—170+ marks else could touch its support level of 157.00 again.
Fresh selling can be initiated below 157 mark
Zinc
Support at 188 resistance at 193
Looks positive above 190.50 will take 192--- 193. Further upside rally will see if closes above 193 else could touch its support level of 188 again.
Looks weak below 188.00
Aluminium
Support at 125.50 and resistance 127.50
Break and sustain above 127.50 will take it to 129.00—130 mark else could test its support level of 125.50.
Fresh selling can be initiated below 125.50
