Friday, 22 August 2014

Today's Industrial Metals Market Exchange

Zinc August prices are expected to have resistance at Rs.143.5 around and prices should fall towards Rs.142.0 and Rs141.0. Prices should not move above Rs.144 to maintain corrective view.

Lead August prices are expected to have intraday resistance at Rs.137.0 and selling can be seen there. On lower side prices are expected to give fresh breakdown below Rs.135 and can test Rs134.0. Prices should not move above Rs.138.0 to remain negative for the day.

Nickel August prices are expected to remain in the range. Prices are expected to have support at Rs.1130 and on higher side prices have intraday resistance at Rs.1150 and prices are expected to be in this range.

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