Monday, 27 January 2014

COPPER
Copper price are likely to witness selling pressure for the day one can sell the metal around 456 – 457 maintaining a stop loss above 460.50.



NICKEL
Nickel prices are expected to consolidate around 885 to 915. Buying on dips is recommended around 895 with a stop loss below 885.


LEAD
Lead prices are expected to trade downwards one can sell on rise around 135.80 -136.00 with a stop loss above 137.


CRUDEOIL
Crude oil prices almost tested 6120 whereby profit taking is expected traders can sell with a stop loss above 6165. Prices are likely to test 6020 - 6000 on lower end.



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