From the fall in October-2011 Metals recovered more than 60% of the fall in just 6 weeks by now. 5 to 10% more from the current prices will take metals to new highs. But facing resistance at the current levels. Let’s discuss more about the trading levels of Copper, Zinc, Lead, Nickel.
Copper facing good resistance at 415 levels and key support at 390 levels.
Trading Levels Copper – 390 – 406 – 415 – 422 – 428
Zinc facing tough resistance at 105 levels. It has good support at 98 on the downside.
Trading Levels Zinc – 98 – 100 – 106 – 110 – 114
Lead will play in the range between 108 and 114 few more days.
Trading Levels Lead – 104 – 107 -110 -114
Nickel has good resistance at 990 levels. But 970 itself is a good break through upside.
Trading Levels Nickel – 938 – 962 – 974 – 995
Author of AnalystCalls. Have you checked my most viewed articles on how to download and configure Free EOD, IEOD & Real-time data of NSE, MCX into Amibroker? Here are the details [LINK] .
Live Charts ▼ www.analystcalls.in/charts
|You are reading this article on analystcalls.in, Stay tuned for career, Education news, Jobs, Exam Results, Answer keys, Interviews & Job discussions, Stock Market Technical and Trading Analysis and Calls, Latest Trendy News! For regular updates like us on Facebook and Subscribe by Email to get immediate updates.|