Thursday, 28 January 2016

Base Metals Market Trading News for Today

Copper. It suggest that prices are making higher highs and lows. After today's gap up opening it is expected to correct down till 304.10 levels. On the downside, it need to break immediate support of 307.70 levels. However, on the upside break above 310.20 will negate bearish view.

Nickel suggests that prices are trading in uptrend channel. On the upside, bulls are strengthening near 575.40 levels. In today's session it is expected to cross immediate resistance of 599.50 and further till 609.20 levels.

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