COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 16 AUG TO 20 AUG 2021
by admin- Saturday, August 14th, 2021 10:01:49 AM
COPPER RANGE 700/760
SENTIMENT VOLATILE
LEVEL 1 – BUY COPPER RISKY AUG ABOVE 733 TGTS 737/43 SL 730 RES 745 BREAKING SUSTAIN ONLY CARRY TO 760
LEVEL 2 – SELL COPPER AUG BELOW 729 TGTS 726/21 SL 733 SUP 720 THEN 705
NICKEL RANGE 1400/1540
SENTIMENT BOUND TO POSITIVE VOLATILITY
LEVEL 1 – BUY NICKEL AUG ABOVE 1490 TGTS 1500/10 SL 1485 RES 1512 IF BREAKS SUSTAINS THEN 1534
LEVEL 2 – SELL NICKEL ABOVE 1485 TGTS 1475/60 SL 1490 SUP 1450 IF SAVES REVERSE ELSE 1420 SL 1415 RISKY
ZINC RANGE 242/257
RANGE BOUND TO UP
LEVEL 1 – BUY ZINC AUG ABOVE 250 TGTS 251/53 SL 249.40 RES 252 BREAKING SUSTAIN UP 255
LEVEL 2 – SELL ZINC BELOW 249 TGTS 248/46 SL 249.60 SUPPORT 245 THEN 242 REVERSE BUY SL 50 PAISE HOLD
LEAD RANGE 172/186
SLOW TRADES EXPECTED
LEVEL 1 – BUY LEAD RISKY AUG ABOVE 180 TGTS 181/82 SL 179.40 IF BREAKS 182 THEN 186 RES REVERSE SL 186.60
LEVEL 2 – SELL LEAD BELOW 179 TGTS 178/76 SL 179.60 SUP 175 1ST REVERSE THEN 172 SL 171.50
ALUMIN RANGE 202/214
RANGE BOUND TO POSITIVE
LEVEL 1 – BUY AUG ALUMIN 208 TGTS 209/11 SL 207.40
LEVEL 2 – SELL ALUMIN BELOW 207 TGTS 206/05 SL 207.60 ON DROP BUY 203 WITH SL BELOW 202.40 TGTS 206/09