UPDATE ON BASEMETALS. Visit our site www.indianmarketview.com

We clearly indicated to remain cautious in base metals at upper levels. Look at Copper, Lead, Zinc, Aluminium and Nickel. All crashed vertically. Just trade with levels only.

 

Copper

 

Told to sell around 360. Just made a low of 348.75 and now trading around 349.50

Now what to expect???

Two consecutive closes below…..  Click here for full update

 

 

Nickel

 

Told to sell below 655 with stop loss of 670. It made a low of 639  after our sell call and now trading around 645

Now what to expect???

Close below …… Click here for full update

 

 

Zinc

 

Too crashed vertically and made a low of 107.00 mark. We continuously recommended selling below 120 and then to 117 mark

Now what to expect???

Support at 107—105.50 and Resistance at 110

Close below 107…… Click here for full update

 

 

Lead

 

Too crashed and made a low of 109.30. We recommended selling around 115 mark

Now what to expect???

Close below 110 will take to…….. Click here for full update

 

 

Aluminium

 

Support at 105.00 and Resistance at 108—110

Two consecutive closes below 105.00 will take to……. Click here for full update

 

 

This update is part of our daily detailed analysis of mcx. Kindly read full update before creating any position.

 

Visit our site www.indianmarketview.com

Call: +91-8130430690

 

 

 

Post Comment