Copper is taking support near 411 area....Once broken it will fall down.....BUT IF COPPER SUSTAIN 410.85 LEVEL THEN IT MAY GO LONG WAY UP.....418 LEVEL IS A KEY.
PRESENTLY COPPER IS TRADING SIDEWAYS BETWEEN 411 AND 420...I AM NOT SURE WHERE THE BREAKOUT WILL COME....DOWN OR UP...BUT IF USD/INR SUPPORT THE PRICE ( AS THE CASE IS) WE MAY SEE UPSIDE BREAK OUT.....
I ADVICE TO WAIT FOR BREAKOUT ON EITHER SIDE .....TILL THEN WAIT AND WATCH ....
SIMILARLY ZINC AND LEAD ALSO TRADING SIDEWAYS .....WAIT FOR BREAKOUT ON EITHER SIDE.....BUT I AM VERY BULLISH ON THESE 2 METALS AS I SAID BEFORE.....
PRESENTLY COPPER IS TRADING SIDEWAYS BETWEEN 411 AND 420...I AM NOT SURE WHERE THE BREAKOUT WILL COME....DOWN OR UP...BUT IF USD/INR SUPPORT THE PRICE ( AS THE CASE IS) WE MAY SEE UPSIDE BREAK OUT.....
I ADVICE TO WAIT FOR BREAKOUT ON EITHER SIDE .....TILL THEN WAIT AND WATCH ....
SIMILARLY ZINC AND LEAD ALSO TRADING SIDEWAYS .....WAIT FOR BREAKOUT ON EITHER SIDE.....BUT I AM VERY BULLISH ON THESE 2 METALS AS I SAID BEFORE.....