COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 23 AUG TO 27 AUG 2021
by admin- Saturday, August 21st, 2021 10:15:08 AM
COPPER RANGE 660/730
SENTIMENT VOLATILE
LEVEL 1 – BUY COPPER RISKY AUG ABOVE 703 TGTS 707/13 SL 700 RES 718 BREAKING SUSTAIN ONLY CARRY TO 735
LEVEL 2 – SELL COPPER AUG BELOW 700 TGTS 696/91 SL 703 SUP 685 THEN 660
NICKEL RANGE 1340/1460
SENTIMENT BOUND TO POSITIVE VOLATILITY
LEVEL 1 – BUY NICKEL AUG ABOVE 1405 TGTS 1415/30 SL 1400 RES 1430 IF BREAKS SUSTAINS THEN 1460
LEVEL 2 – SELL NICKEL ABOVE 1400 TGTS 1390/75 SL 1405 SUP 1370 IF SAVES REVERSE ELSE 1340 SL 1337 RISKY
ZINC RANGE 239/254
RANGE BOUND TO UP
LEVEL 1 – BUY ZINC AUG ABOVE 246 TGTS 247/49 SL 245.40 RES 250 BREAKING SUSTAIN UP 254
LEVEL 2 – SELL ZINC BELOW 245 TGTS 244/42 SL 245.60 SUPPORT 242 THEN 239 REVERSE BUY SL 50 PAISE HOLD
LEAD RANGE 172/186
SLOW TRADES EXPECTED
LEVEL 1 – BUY LEAD RISKY AUG ABOVE 179 TGTS 180/82 SL 178.40 IF BREAKS 182 THEN 185 RES REVERSE SL 185.60
LEVEL 2 – SELL LEAD BELOW 178 TGTS 177/75 SL 178.60 SUP 175 1ST REVERSE THEN 172 SL 171.50
ALUMIN RANGE 202/212
RANGE BOUND TO POSITIVE
LEVEL 1 – BUY AUG ALUMIN 207 TGTS 208/10 SL 206.40
LEVEL 2 – SELL ALUMIN BELOW 206 TGTS 205/03 SL 206.60 ON DROP BUY 202 WITH SL BELOW 201.40 TGTS 204/08