Nickel prices are expected to trade
within 880 to 905, one could trade
within the range. Oscillators
indicating a bounce till 900 -905.
Copper prices are expected to trade in
a range from 418 to 426. One can sell
around 425 with a stop loss above 429.
Oscillators indicating a flat to down
move.
Lead prices are expected to trade
within 103.30 to 105.70. One can sell
around 104.50 with a intraday stop loss
above 105.50
Crude prices are likely to trade within
a range from 4815 to 4715. Fresh
buying is recommended only above the
close of 4815.
7 comments:
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Zinc futures were marginally up 0.18% to Rs 142.80 per kg as speculators created positions amid a firming trend in base metals overseas and better domestic demand.
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Buy ZINC Oct above120 TGT 120.70 & 121.50 SL 119.15.
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