Nickel
Support at 720 and Resistance at 745
Break and sustain above 745 will take it to 770---785+ mark else could touch its support level of 720 again.
Looks weak only below 720 mark.
Zinc
Support at 186 and Resistance at 192.50
Trend looks weak and could touch its support level of 186. Break and sustain below 186 will see sharp downside panic in it.
Further upside rally will see only if closes above 192.50
Lead
Support at 150.50 and Resistance 154
Trend looks weak. Break and sustain below 150.50 will take it to 146---142 and then to 138 mark in days to come else could touch its resistance level of 154.00
Further upside rally will see on close above 154.00
Aluminium
Support at 124.50 and Resistance 127.50
Three consecutive close + weekly close below 124.50 will take it to 121.50 ---120.00 and then to 116 mark in days to come, else could touch its resistance level of 127.50
Fresh buying can be initiated above 127.50
More will update soon!!
