COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 29 APR TO 03 MAY 2024
by admin- Saturday, April 27th, 2024 09:28:27 AM
COPPER RANGE 815/895
SENTIMENT RISKY RANGE
LEVEL 1 – BUY COPPER MAY ABOVE 858 RISKY TGTS 862/67 SL 855 RES 875 IMP THEN 895
LEVEL 2 – SELL COPPER BELOW 855 TGTS 851/46 SL 858 SUP 835 IMP. THEN REVERSE 815
ZINC RANGE 230/265
RANGE BOUND TO RECOVERY
LEVEL 1 – BUY ZINC MAY ABOVE 253 TGTS 255/58 SL 252 RES 260 BREAKING SUSTAIN UP 270
LEVEL 2 – SELL ZINC BELOW 252 TGTS 250/47 SL 253 SUP 240 IMP REVERSE 1ST THEN 230
LEAD RANGE 181/200
STEADY TRADES EXPECTED
LEVEL 1 – BUY LEAD MAY ABOVE 191 TGTS 193/95 SL 190.40 IF BREAKS 197 THEN 200 RES REVERSE SL 200.50
LEVEL 2 – SELL LEAD BELOW 190 TGTS 188/86 SL 190.60 SUP 185 1ST REVERSE THEN 181 SL 180.50 REVERSE
ALUMIN RANGE 217/254
RANGE BOUND SIDEWAYS
LEVEL 1 – BUY MAY ABOVE ALUMIN 236 TGTS 238/41 SL 235 RES 246 THEN 254
LEVEL 2 – SELL ALUMIN BELOW 235 TGTS 233/30 SL 236 SUP 226 THEN 217