Nickel prices continue to stay in a sideways consolidation mode in the range of 992.20 levels. The daily RSI and stochastic are in a buy mode We expect prices to go up to levels of 1005.
Lead prices have reversed after taking support at 104 levels. Daily MACD has given a positive crossover. Immediate resistance is at 108.25 levels. We expect prices to go up to levels of 111 if the resistance of 108.25 is breached.cmp 107.75
Zinc prices are taking support at levels of 96 and have reversed. Daily RSI has given a positive crossover. Immediate resistance is at 99.50 levels. If 99.50 is breached on the upside we expect prices to go up to levels of 102. cmp 98.50
Thanks a lot for sharing with us Today's Commodity Tips.Keep us update daily with such info.
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