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| Daily Trading Levels , MCX Supports And Resistance , Commodities , Base Metals Posted: 27 Jun 2011 03:43 AM PDT BASE METALS Copper : Trend Sideways - Range Bound - Important Resistance 411-412 ,Close above same one can expect levels of 419-420. On downside 398-399 Important Support range. Below which we can test 385/390 Levels on upside 405-408.5-411-413 Lead : Trend Up Lead reverses from major resistance zone given earlier Major Resistance zone remains at 116-116.5Sustained move above 116-116.5 can do 118.5-119 on upside On downside 112.5-113 support for intraday.. 107.5-108 Major Support range for the comm Zinc : Trend Slightly Bullish Zinc reverses from major resistance zone given earlier Major Resistance zone remains at 116-116.5 ABove 101.5 if sustains then may do 103-103.5 MInor Support at 98-98.5. On downside 95-95.5 Important Support range Nickel : Trend Sideways Important Support near 955-960 Levels , Major Resistance zone 1000-1005 on UpsideNickel buy above 1000-1005 range with stop of 990, can do 1035/1040 on upside Trend Reversal if it closes above 1010.. Levels on downside 980-960-950               |
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