Update on Base Metals (28th Nov 2017)
Copper
Support at 435.50 and Resistance at 442
Below 435.50 , panic remain continue till 430--428 and the 425 mark, else could touch its resistance level 442.00
Fresh buying can be initiated above 442.00
Nickel
Support at 720 and Resistance at 740
Forming head and shoulders patter on daily chart.
Break and sustain below 720 will take it to 700-695 mark, else could touch its resistance level of 740.
Fresh buying can be initiated above 740
Lead
Support at 155.50 and Resistance at 158.50
Break and sustain below 155.50 will 152.50 -150.00 and then to 148 mark in days to come else could touch its resistance level of 158.50.
Fresh buying can be initiated above 158.50.
Zinc
Support 203.50 and Resistance at 207
Break and sustain below 203.50 will take it to 200-198 mark, else could touch its resistance level of 207.
Fresh buying can be initiated above 207.00
Aluminium
Support at 135 and Resistance at 137
Break and sustain below 135 will take it to 132.50 -131.00 else could touch its resistance level of 137.00
Fresh buying can be initiated above 137 only.
More will update soon !!
