Buy Copper at around Rs 409; SL below Rs 405: Nirmal Bang

Gold prices are expected to test 30150 on higher end. However, one should remain cautious unless closes above 30180 in long position at these levels. oscillators are suggesting a positive move ahead.

Silver prices are expected to trade positive to the tune of 55900, prices can further move up till 56700 one can hold buying position with a stop loss below 54100.

Copper prices are expected to witness a range bound move as from 414 to 406, one can look for buying opportunity around 409 with a stop loss below 405. Fresh buying could witness above 415.

Nickel prices washed out all the gains and ended lower, one can witness a down move till 930. For intraday one can sell around 955 958 with a stop loss above 967.

Lead prices are expected trade within a range from 104.80 to 106.80, resisting the middle Bollinger band. For fresh position one should wait for a range break.

Crude prices are witnessing a range bound move. one can buy around 4620 with a stop loss of 4580 targeting 4685 4700. Oscillators suggesting a flat to positive move ahead.

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