COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 18 OCT TO 22 OCT 2021
by admin- Saturday, October 16th, 2021 10:11:37 AM
COPPER RANGE 760/840
SENTIMENT RISKY RANGE BOUND
LEVEL 1 – BUY COPPER OCT ABOVE 798 TGTS 802/08 SL 795 RES 810 BREAKING SUSTAIN ONLY CARRY TO 830
LEVEL 2 – SELL COPPER BELOW 795 TGTS 791/86 SL 798 SUP 780 THEN 750
NICKEL RANGE 1480/1620
SENTIMENT BOUND TO POSITIVE VOLATILITY
LEVEL 1 – BUY NICKEL OCT ABOVE 1550 TGTS 1560/80 SL 1545 RES 1585 IF BREAKS SUSTAINS THEN 1620
LEVEL 2 – SELL NICKEL BELOW 1545 TGTS 1535/15 SL 1550 IMP 1ST SUP 1515 IF SAVES REVERSE ELSE 1480 SL 1477 RISKY
ZINC RANGE 300/340
RANGE BOUND TO UP BUT RANGE BREAKING IMP. FOR NEXT MOVES
LEVEL 1 – BUY ZINC OCT ABOVE 325 TGTS 328/32 SL 324 RES 332 BREAKING SUSTAIN UP 340
LEVEL 2 – SELL ZINC BELOW 323 TGTS 320/15 SL 324 SUPPORT 315 THEN 300 REVERSE BUY SL 1 RS
LEAD RANGE 180/200
STEADY TRADES EXPECTED
LEVEL 1 – BUY LEAD RISKY OCT ABOVE 191 TGTS 193/96 SL 190 IF BREAKS 196 THEN 200 RES REVERSE SL 200.60
LEVEL 2 – SELL LEAD BELOW 190 TGTS 188/85 SL 191 SUP 180 1ST REVERSE THEN 185 SL 180 REVERSE
ALUMIN RANGE 246/260
RANGE BOUND TO POSITIVE
LEVEL 1 – BUY OCT ALUMIN 255 TGTS 257/60 SL 254
LEVEL 2 – SELL ALUMIN BELOW 254 TGTS 252/49 SL 255 ON DROP BUY 246 WITH SL BELOW 245 TGTS 249/53