Thursday, 25 September 2014

Aluminium, Nickel and Lead Metals Prices

Lead:
Lead September prices have resistance at Rs.127.5 and can remain under pressure as far as it trades below this level. Only a breakout above Rs.127.5 can take prices higher towards Rs.129.0. On lower side prices have support at Rs.125.0.

Nickel:
Nickel September prices have resistance at Rs.1065 and selling can be seen there. Prices on lower side can fall towards 1040 and Rs.1030. Prices should not move above Rs.1075 to maintain negative outlook for the day. 

Aluminium:
Aluminium September prices have resistance at Rs.119.5 and can remain under pressure as far as it trades below this level. Only a breakout above Rs.119.5 can take prices higher towards Rs.120.5. On lower side prices have support at Rs.117.5.

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