COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 21 SEP TO 25 SEP 2020

COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 21 SEP TO 25 SEP 2020

by admin- Saturday, September 19th, 2020 10:33:20 AM

COPPER RANGE 524/550
SENTIMENT ON DROP SOME BUYING

LEVEL 1 – BUY COPPER HIGHLY RISKY AUG ABOVE 539 TGTS 542/546 SL 538 RES 545 1ST ON BREAKING ONLY CARRY BIG RES 551
LEVEL 2 – SELL COPPER AUG BELOW 536 TGTS 533/529 SL 537 RISKY SUPPORT 529 1ST IF BREAKS THEN BUY NEAR 524/25 SL 523
NICKEL RANGE 1065/1120
SENTIMENT BOUNCE SELLING

LEVEL 1 – SELL NICKEL AUG BELOW 1088 TGTS 1083/1075 SL 1090 ON DROP SUPPORT 1075 IF BREAKS THEN ONLY BUY NEAR 1066/67 SL 1065
LEVEL 2 – BUY NICKEL ABOVE 1092 TGTS 1098/1105 SL 1090 RES 1110 THEN 1120
ZINC RANGE 190/200
RANGE BOUND

LEVEL 1 – BUY ZINC AUG ABOVE 198 TGTS 199/200 SL 197.40 RESISTANCE 200 BREAKING RALLY
LEVEL 2 – SELL ZINC AUG BELOW 197 TGTS 196/194 SL 197.50 THEN BUY WITH SL BELOW 193.50 FOR 195/198 IMPORTANT SUPPORT 193 THEN 190
LEAD RANGE 144/158
BOUNCE SELLING

LEVEL 1 – SELL LEAD AUG BELOW 147 TGTS 146/144 SL 147.60
LEVEL 2 – BUY LEAD ABOVE 148 TGTS 149/151 SL 147.50 SELL ON BOUNCE 151/152 SL 152.50 TGTS 149/146
ALUMIN RANGE 140/150
SMALL RANGE BOUND

LEVEL 1 – BUY AUG ALUMIN 145 TGTS 146/147 SL 144.50
LEVEL 2 – SELL ALUMIN BELOW 144 TGTS 143/141.50 SL 144.50 ON DROP BUY WITH SL BELOW 141 TGTS 144/147

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