Prices are expected to Move higher unless it breaks the crucial support level of 413.50. Copper may test the level of 421 Followed by 424-425 for the day. But a direct fall can be seen below 412 to reach down to 410.50 and 407.50.
Trend is seen like bearish unless it breaks the level of 1175. The continuous selling presser may force Nickel to close below 1030-1025 levels.
In Zinc May Futures a consistent trade above 101.20 wont let any harm to the up trend and Zinc might test 102.80 initially followed by 103.50-105 levels. A correction could be seen till 100.30-98.50 if Zinc breaks below 101 level.
Trend is seen like bearish unless it breaks the level of 1175. The continuous selling presser may force Nickel to close below 1030-1025 levels.
In Zinc May Futures a consistent trade above 101.20 wont let any harm to the up trend and Zinc might test 102.80 initially followed by 103.50-105 levels. A correction could be seen till 100.30-98.50 if Zinc breaks below 101 level.
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