COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 12 OCT TO 16 OCT 2020

COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 12 OCT TO 16 OCT 2020

by admin- Saturday, October 10th, 2020 10:42:51 AM

COPPER RANGE 510/550
SENTIMENT VOLATILE

LEVEL 1 – BUY COPPER RISKY OCT ABOVE 531 TGTS 535/540 SL 529 RES 540 1ST ON BREAKING SUSTAIN ONLY CARRY BIG RES 555
LEVEL 2 – SELL COPPER OCT BELOW 525 TGTS 522/517 SL 527 RISKY SUPPORT 516 1ST IF BREAKS THEN BUY NEAR 510 SL 508
NICKEL RANGE 1080/1140
SENTIMENT RANGE BOUND TO BREAK

LEVEL 1 – SELL NICKEL OCT BELOW 1100 TGTS 1095/1085 SL 1103 ON DROP 1ST SUPPORT 1084 IF BREAKS THEN 1070 FOR REVERSE
LEVEL 2 – BUY NICKEL ABOVE 1108 TGTS 1114/24 SL 1105 RES 1125 THEN 1140
ZINC RANGE 188/205
RANGE BOUND TO POSITIVE

LEVEL 1 – BUY ZINC OCT ABOVE 196 TGTS 197.50/200 SL 195.40 RESISTANCE 200 BREAKING RALLY
LEVEL 2 – SELL ZINC OCT BELOW 194 TGTS 193.50/191 SL 194.60 THEN BUY WITH SL BELOW 190.50 FOR 194/197 IMPORTANT SUPPORT 190 THEN 187
LEAD RANGE 145/153
RANGE BOUND

LEVEL 1 – SELL LEAD OCT BELOW 148 TGTS 147/145 SL 148.60 BUY NEAR 145 SL BELOW 144.50
LEVEL 2 – BUY LEAD ABOVE 149 TGTS 150/152 SL 148.50 SELL ON BOUNCE 152 SL 152.50 TGTS 152/148
ALUMIN RANGE 146/154
SMALL RANGE BOUND

LEVEL 1 – BUY OCT ALUMIN 150 TGTS 151/153 SL 149.50
LEVEL 2 – SELL ALUMIN BELOW 149.40 TGTS 148/146.50 SL 150 ON DROP BUY WITH SL BELOW 146 TGTS 149/152

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