Tuesday, 12 August 2014

Daily Industrial Metals Prices by Marketmagnify

Zinc August prices have intraday resistance at 142.0 and selling can be seen there. On lower side prices can slide to 139.0. Prices should not move above 143.0 to remain weak for the day.

Lead August prices are expected to have resistance at 139.5 and prices can remain sideway to weak till it trades below this level. Prices on lower side have support at 136.0 and prices are expected to remain in this range.

Nickel August prices have intraday resistance at 1155 and selling can be seen there. On lower side, prices can again take support at 1135 and 1120. Prices should not move above 1165 to maintain negative outlook for the day.

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