Copper
Support at 443--438 and Resistance is 453.
Below 443 downside panic likely to remain continue till 438 mark. However, Weekly close below 438 will take it to 434—431.5 and then 428 mark else could touch its resistance level of 453.
Fresh buying can be initiated only above 453.
Trade with levels only.
Nickel
Support at 760 and resistance 790.
Break and sustain below 760 will take it to 744—735 and then 724 mark else could touch its resistance level of 790.
Fresh buying can be initiated only above 790 mark.
Trade with levels only.
Lead
Support at 147 and Resistance at 151
Weekly close below 147 panic likely to continue till 144.50—142 and then 138 mark in near term else it could touch its resistance level of 151 again.
Fresh buying can be initiated above 151 mark.
Trade with levels only. Any reversal seems will update
Zinc
Support seen at 197 and Resistance is at 201.
Break and sustain below 197 will take it to 195 (Major support) .Break and close below 195 will turned our sentiment highly negative towards 192—188 and then 185 mark.
Fresh buying can be initiated above 201 only.
Trade with levels only.
Aluminium
Support at 132.50 and resistance is 136.00
Break and sustain below 132.5 with volume will take it to 130---127.5 and then 125 mark in near term else it could touch its resistance level of 136.50 again
Fresh buying can be initiated only above 136.5.
Trade with levels only. Any reversal seems will update
More will update soon!!
