COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 11 OCT TO 15 OCT 2021
by admin- Saturday, October 9th, 2021 10:05:12 AM
COPPER RANGE 700/756
SENTIMENT RISKY RANGE BOUND
LEVEL 1 – BUY COPPER OCT ABOVE 732 TGTS 736/42 SL 729 RES 744 BREAKING SUSTAIN ONLY CARRY TO 756
LEVEL 2 – SELL COPPER BELOW 728 TGTS 724/618 SL 731 IMP. 1ST SUP 715 THEN 700
NICKEL RANGE 1420/1550
SENTIMENT BOUND TO POSITIVE VOLATILITY
LEVEL 1 – BUY NICKEL OCT ABOVE 1500 TGTS 1510/30 SL 1495 RES 1530 IF BREAKS SUSTAINS THEN 1560
LEVEL 2 – SELL NICKEL BELOW 1490 TGTS 1480/60 SL 1495 IMP 1ST SUP 1455 IF SAVES REVERSE ELSE 1420 SL 1417 RISKY
ZINC RANGE 260/275
RANGE BOUND TO UP
LEVEL 1 – BUY ZINC OCT ABOVE 269 TGTS 270/72 SL 268.40 RES 272 BREAKING SUSTAIN UP 276
LEVEL 2 – SELL ZINC BELOW 268 TGTS 267/65 SL 268.60 SUPPORT 264 THEN 260 REVERSE BUY SL 50 PAISE HOLD
LEAD RANGE 176/190
SLOW TRADES EXPECTED
LEVEL 1 – BUY LEAD RISKY OCT ABOVE 183.50 TGTS 184.50/87 SL 183 IF BREAKS 187 THEN 190 RES REVERSE SL 190.60
LEVEL 2 – SELL LEAD BELOW 183 TGTS 182/80 SL 183.60 SUP 180 1ST REVERSE THEN 177 SL 176.50
ALUMIN RANGE 231/244
RANGE BOUND TO POSITIVE
LEVEL 1 – BUY OCT ALUMIN 238 TGTS 239/41 SL 227.40
LEVEL 2 – SELL ALUMIN BELOW 237 TGTS 236/34 SL 237.60 ON DROP BUY 232 WITH SL BELOW 231.40 TGTS 236/40