Copper
Support at 380 and resistance is 386.
Looks weak and any rise near 386 would be a selling opportunity in it. Weekly close below 380 will take to 376.50---374 and then to 371 mark else it could test its resistance level of 386 again.
Fresh buying can be initiated above 386.
Trade with levels only.
Nickel
Support at 588 and resistance 601.
Looks positive and any correctional decline towards 588 could accumulate more long position in it. Weekly close above 601 will fuel more power in it till 612---620 mark in near term.
Fresh selling can be initiated below 588.
Trade with levels only.
Lead
Support at 145 and Resistance at 148.
Looks weak and likely to touch 145. Weekly close below 145 will take to 142---140 and then to 136 mark else it could touch its resistance level of 148 again
Fresh buying can be initiated above 148.
Trade with levels only. Any reversal seems will update
Zinc
Support at 177 and resistance is 180.50
Looks weak and likely to touch 177. Weekly close below 177 will take to 175.50---172.80 in near term else it could touch its resistance level of 180.50 again.
Fresh buying can be initiated above 180.50.
Trade with levels only.
Aluminium
Support at 121.50 and resistance is 125
Looks positive and could touch 125 in near term. Weekly close above 125 will take it to 128---130.80 mark else could touch its support level of 121.50.
Fresh selling can be initiated only below 121.50.
Trade with levels only. Any reversal seems will update
More will update soon!!
