Friday, 8 August 2014

Daily Commodity Market Metals News

Copper prices are expected can face resistance at 435 and selling can be seen there. ON lower side prices can dip to 432 and 430.0. Prices should not move above 438 to remain negative for the day.

Zinc August prices can give bounce as far as prices are holding 142 but again prices will face resistance at 144.5-145 level and selling will emerge there. Prices are expected to remain weak till it trades below 146.0

Lead August prices are expected to have resistance at 140.0 and selling can be seen there. On lower side prices can test 138.0 and 137. Prices should not move above 141 to maintain negative outlook for the day.

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