COPPER
POSSIBILITY
Copper
prices may remain sideways to lower and can test 441 levels.
Sustainable
trading below 441 might pull the market further down towards 437 levels.
ALTERNATE
POSSIBILITY
Only
a daily close above 451 levels would result into positive movement.
SHORT TERM
SUPPORT : Rs. 441/437
RESISTANCE:
Rs. Rs448/451.
TREND TYPE
Sideways
(Rise Sell).
NICKEL
POSSIBILITY
As expected,
prices tested its resistance of 972.
Any
sustainable trading above Rs972 levels will attract further higher moves
towards 990 levels.
ALTERNATE POSSIBILITY
Sustainable
trade below 950 would pull the prices towards Rs 935 Levels.
SHORT TERM
SUPPORT : Rs. 950/935
RESISTANCE:
Rs. 975/990
TREND TYPE
Sideways
(Dip Buy)