COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 25 OCT TO 29 OCT 2021
by admin- Saturday, October 23rd, 2021 09:32:30 AM
COPPER RANGE 720/815
SENTIMENT RISKY RANGE BOUND
LEVEL 1 – BUY COPPER NOV ABOVE 768 TGTS 773/80 SL 765 RES 785 BREAKING SUSTAIN ONLY CARRY TO 815
LEVEL 2 – SELL COPPER BELOW 765 TGTS 761/56 SL 768 SUP 750 THEN 720
NICKEL RANGE 1460/1625
SENTIMENT BOUND TO POSITIVE VOLATILITY
LEVEL 1 – BUY NICKEL NOV ABOVE 1535 TGTS 1550/70 SL 1530 RES 1580 IF BREAKS SUSTAINS THEN 1625
LEVEL 2 – SELL NICKEL BELOW 1525 TGTS 1510/1490 SL 1530 IMP 1ST SUP 1490 IF SAVES REVERSE ELSE 1460 SL 1457 RISKY
ZINC RANGE 260/310
RANGE BOUND TO RECOVERY DOWN BUT LEVEL BREAKING IMP. FOR NEXT MOVES
LEVEL 1 – BUY ZINC NOV ABOVE 285 TGTS 287/90 SL 384 RES 295 BREAKING SUSTAIN UP 310
LEVEL 2 – SELL ZINC BELOW 283 TGTS 281/78 SL 284 SUPPORT 275 THEN 260
LEAD RANGE 177/200
STEADY TRADES EXPECTED
LEVEL 1 – BUY LEAD RISKY NOV ABOVE 188 TGTS 190/93 SL 187 IF BREAKS 195 THEN 200 RES REVERSE SL 200.60
LEVEL 2 – SELL LEAD BELOW 187 TGTS 185/82 SL 188 SUP 182 1ST REVERSE THEN 177 SL 176 REVERSE
ALUMIN RANGE 222/244
RANGE BOUND TO RECOVERY
LEVEL 1 – BUY NOV ALUMIN 234 TGTS 236/39 SL 233
LEVEL 2 – SELL ALUMIN BELOW 233 TGTS 231/28 SL 234 ON DROP BUY 222 WITH SL BELOW 221 TGTS 225/229