Thursday, 31 July 2014

Daily Commodity Market Metals News

Copper prices can face resistance at 437.0 on higher side and fresh breakout can be seen if prices sustain above this. Prices can take intraday support at 433.0 and buying can be seen there. 

Nickel August prices have support at 1135 and buying can be seen there. Prices on higher side can test 1160-1165 and will again face resistance there. Prices are expected to remain positive as far as it trades above 1125 for the day.

Aluminium August prices are expected to have support at 121 and prices on higher side can retest 123.5 level. Prices can remain sideways to higher for the day

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