Wednesday, 13 January 2016

Market Base Metals Trading News

Minimum investment and more profit at 

Failure to trade above 552 will see Nickel prices correct further towards 542.40 levels. The counter can witness a bounce until prices hold on above 542.40 levels. Any major upside though is likely only once prices breakout above 555. A decisive breakout above this level will push prices higher towards 563.40/566 levels. A daily close below 542 will be negative for the counter.

Aluminium can slide lower if prices fail to trade above 99 levels. Major support for the counter is placed at 97.60 areas. A daily close below this level will push the counter lower towards 96.65/96 levels. Momentum above 99 will push prices higher towards 99.70/100 levels.

No comments:

Post a Comment