Wednesday, 23 March 2016

Base Metals Prices From Commodity Market

Copper. It suggest that prices are hovering near trend line levels. If it breaks immediate support of 336 then it will fall down till 331.40 levels. On the upside, immediate resistance is located at 340.25 levels.

Nickel suggests that prices are expected to touch previous low of 570.30 levels. On the upside it has immediate resistance at 585.90 levels. Momentum indicator RSI is suggesting bearish crossover.

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