Thursday, 28 August 2014

Industrial Metals Market Exchange

Zinc September prices have crucial resistance at Rs144.0 and prices can face selling pressure in small rise as far as prices are trading below this level. On lower side prices have support at Rs141.0.

Lead September prices are expected to have intraday resistance at Rs.137.5 and prices can remain weak till trades below this level. Only a breakout above Rs.137.5 will take prices further higher towards Rs.139.0. On lower side prices have support at Rs.135.5.

Nickel September prices are expected to trade range bound to higher. Prices are expected to have intraday support at Rs1125.0 and on higher side prices have resistance at Rs.1150.0.

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