Copper
Support at 420 and Resistance at 428
Break and sustain below 420 will take it to 416—413 mark else could touch its resistance level of 427 again.
Fresh buying can be initiated above 428.
Trade with levels only.
Nickel
Support at 720 and resistance 750.
If unable to breach its resistance of 750 then we can expect a downside panic in it.
Break and sustain below 720 it can touch to 694—680 mark in near term else it could touch its resistance level of 750 mark.
Fresh buying can be initiated above 750 mark.
Trade with levels only.
Lead
Support at 152 and Resistance at 154.5
Break and sustain below 152 with volume will take it to 148.50---144 mark else it could touch its resistance level of 154.50 again.
Fresh buying can be initiated above 154.50 mark.
Trade with levels only. Any reversal seems will update
Zinc
Support seen at 198.50 and Resistance is at 205.
If unable to breach its resistance of 205 we can see downside panic in it.
Break and close below 198.5 will see more downside panic till 195.5---193 and then 189 mark in days to come.
Fresh buying can be initiated above 205 only.
Trade with levels only.
Aluminium
Support at 129.80 and resistance is 134.5
Likely to touch its support level of 129.80. Break and sustain below 129.80 with volume will take it to 125.50---122 mark in near term else it could touch its resistance level of 134.50 again
Fresh buying can be initiated only above 134.5.
Trade with levels only. Any reversal seems will update.
More will update soon!!
