FOR BASE METALS READ FOLLOWING LINK.....
ALL BASE METALS HAVE REVERSED ALREADY.....BUY ON DIPS....READ
SL IS PROVIDED IN THE LINK
http://suprememcx.blogspot.in/2015/01/base-metals-long-term-overview-on.html
Copper: Copper has formed double bottom on daily chart at 340 level....keep buying above 340 and stay long ....we may see 375-393 soon....
Long term investors above 340 stay long for TGT 540+
Lead: Stay long above 111....or keep buying below 111.....TGT 126+....
Long term investors keep long positions for TGT 133,144, 175+...
Aluminium: Stay long above 112 level for TGT 118....If Aluminium is sustained above 112 during next week then we may see new highs in coming months.....
Below 112 we may see aluminium retesting 107 level again and forming double bottom which is again reversal sign....
Long term investors may hold their long positions for coming months....
Zinc: Stay long above 127.....keep buying on rise above 127....TGT 139+....
Long term investors keep accumulating till 124 with SL below 124 on daily closing basis....for TGT 172+
Crude : Stay long above 2800 for TGT 3120....if sustain 3120 then 3450+....we may see reversal from or near 3470....If 3470 is sustained on weekly closing basis then we may say that crude has reversed and heading to break previous high.....
Below 2800 on daily closing basis can expect TGT near 2550-1700....trade with strict SL.....
But Crude is looking very strong.....and might have reversed and started up trend.....but closing above 3450 will confirm the same....
Ng: We may see sideways moments in NG during this week....sell below 186 and expect TGT 155-154...there will be chances of NG going above 186 .....but when it comes down again, keep selling below 186...
ALL BASE METALS HAVE REVERSED ALREADY.....BUY ON DIPS....READ
SL IS PROVIDED IN THE LINK
http://suprememcx.blogspot.in/2015/01/base-metals-long-term-overview-on.html
Copper: Copper has formed double bottom on daily chart at 340 level....keep buying above 340 and stay long ....we may see 375-393 soon....
Long term investors above 340 stay long for TGT 540+
Lead: Stay long above 111....or keep buying below 111.....TGT 126+....
Long term investors keep long positions for TGT 133,144, 175+...
Aluminium: Stay long above 112 level for TGT 118....If Aluminium is sustained above 112 during next week then we may see new highs in coming months.....
Below 112 we may see aluminium retesting 107 level again and forming double bottom which is again reversal sign....
Long term investors may hold their long positions for coming months....
Zinc: Stay long above 127.....keep buying on rise above 127....TGT 139+....
Long term investors keep accumulating till 124 with SL below 124 on daily closing basis....for TGT 172+
Crude : Stay long above 2800 for TGT 3120....if sustain 3120 then 3450+....we may see reversal from or near 3470....If 3470 is sustained on weekly closing basis then we may say that crude has reversed and heading to break previous high.....
Below 2800 on daily closing basis can expect TGT near 2550-1700....trade with strict SL.....
But Crude is looking very strong.....and might have reversed and started up trend.....but closing above 3450 will confirm the same....
Ng: We may see sideways moments in NG during this week....sell below 186 and expect TGT 155-154...there will be chances of NG going above 186 .....but when it comes down again, keep selling below 186...