Copper
Support at 417 and Resistance at 426
If prices unable to breach its key support of 417 then we can see sharp recovery from here towards 426. Break and sustain above 426 rally remain continue till 432—438 and then 443+++ mark else could touch its support level of 417 mark.
Fresh selling can be initiated below 417 mark.
Trade with levels only.
Nickel
Support is 690 and Resistance at 720.
Break and sustain below 690 will take it to 660—645 mark else it could touch its resistance level of 720.
Trade with levels only.
Lead
Support at 150 and Resistance at 153.
Sharp recovery seen in prices and likely to touch 153 mark. Break and close above 153 will take it to 155---157 and then 162 mark in near term else it could touch its support level of 150 again.
Fresh selling can be initiated below 150 mark
Trade with levels only. Any reversal seems will update
Zinc
Support seen at 197.50 and Resistance is at 201.
If prices unable to breach its key support of 197.5 then we can see a sharp recovery in it till 201 mark. Break and close above 201 with volume will take it to 203.50—206 and then 210++ mark in near term.
Fresh selling can be initiated only close below 197.50 on closing basis.
Trade with levels only.
Aluminium
Support at 132 and resistance is 136.50
If prices unable to sustain below 132 then we can see a sharp recovery from current level towards 136.50 mark. Stainable move above 136.50 will begin a new era of bullish path in it.
Fresh selling can be initiated only on close below 132.
Trade with levels only. Any reversal seems will update.
More will update soon!!
