COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 08 NOV TO 12 NOV 2021
by admin- Saturday, November 6th, 2021 09:58:13 AM
COPPER RANGE 700/765
SENTIMENT RISKY RANGE BOUND
LEVEL 1 – BUY COPPER NOV ABOVE 733 TGTS 737/43 SL 730 RES 745 BREAKING SUSTAIN ONLY CARRY TO 765
LEVEL 2 – SELL COPPER BELOW 730 TGTS 726/20 SL 733 SUP 720 THEN 700
NICKEL RANGE 1430/1570
SENTIMENT BOUND TO POSITIVE VOLATILITY
LEVEL 1 – BUY NICKEL NOV ABOVE 1495 TGTS 1505/20 SL 1490 RES 1520 IF BREAKS SUSTAINS THEN 1550
LEVEL 2 – SELL NICKEL BELOW 1490 TGTS 1480/65 SL 1495 IMP 1ST SUP 1460 IF SAVES REVERSE ELSE 1430 SL 1427
ZINC RANGE 255/295
RANGE BOUND TO RECOVERY DOWN BUT LEVEL BREAKING IMP. FOR NEXT MOVES
LEVEL 1 – BUY ZINC NOV ABOVE 274 TGTS 276/79 SL 273 RES 280 BREAKING SUSTAIN UP 295
LEVEL 2 – SELL ZINC BELOW 272 TGTS 270/67 SL 273 SUPPORT 265 THEN 255 REVERSE SL 254
LEAD RANGE 177/197
STEADY TRADES EXPECTED
LEVEL 1 – BUY LEAD RISKY NOV ABOVE 187 TGTS 189/92 SL 186 IF BREAKS 192 THEN 197 RES REVERSE SL 197.60
LEVEL 2 – SELL LEAD BELOW 186 TGTS 184/82 SL 187 SUP 182 1ST REVERSE THEN 177 SL 176 REVERSE
ALUMIN RANGE 192/220
RANGE BOUND TO RECOVERY
LEVEL 1 – BUY NOV ALUMIN 205 TGTS 207/10 SL 204
LEVEL 2 – SELL ALUMIN BELOW 204 TGTS 202/199 SL 205 ON DROP BUY 192 WITH SL BELOW 191.40