Traders holding shorts in copper exit upto 376.60, Basemetals could bounce back again Nickel positive again as per our call. Copper mild positive above 377.60 and could test 379.50/381 sup seen below 375, strong sup at 374. Lead still looks positive.
2 comments:
Why the zinc is too supressed when compare to the lead. The reason behind my question is i'm observing both of them for the last many months and found that more or less both are moving at near prices. But, now the difference is too high.
sir,
funadametally lead is more in demand during winter esp with its use in winter for example like car battery etc,zinc is used only for industrial use and as economy and emand slpumps zinc comes down!
akshaya
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