Intraday commodity calls from Smarttradezonr

[smarttradezone]

Sell Lead @cmp 96.4
SL 97
Tg 95.7/95.2/94.8

 

[smarttradezone]

SL hit Close position in Lead

 

[smarttradezone]

good morning...
Today s data
7 pm -Consumer confidence
8 pm- Crude inventory

 

[smarttradezone]

Market Outlook-
Gold s Weak.. A break above $1133.3 will indicate a turnaround
Base metals-Mild Correction expected

 

[smarttradezone]

good morning..

 

[smarttradezone]

tod s data
Natural gas data-8 pm

 

[smarttradezone]

Intraday Copper: Prices in a tight range of $7935.00-$8001.00 and it remains key to the intraday movement, breaks above upper level resistance of $8001.00 would turn bullish for prices and bring $8800.00 in focus for the medium term. However, corrective weakness is only see below $7935 and prices may come down to test Fib support at $7848.00 where downsides are likely to be capped for the moment

 

[smarttradezone]

Intraday Nickel: $24400.00 is seen as deciding level for Nickel prices today, a hourly close below this level may see further weakness in already sky high prices bringing $23,588 as the point of attention. On the flipside, consolidation looks the likely trend at the moment which may be a fuel for further rallies on the upside at current levels. A break above $24900.00 would see prices test April

 

[smarttradezone]

sell copper @ cmp 353.10
SL 355.10
TG 352.10/351/350

 

[randhir-51]

SL hit Close position in Lead

nhpchow much high or low nhpc