Copper prices are seen hovering range bound, however trading below the support levels of 242. The ADX and +DI is dropping downwards with no indication on the trend. The MACD is on the verge of crossing over the DAV on downside. Thus, fresh buying can be done in copper only above 242-43 levels.

Nickel prices are holding good above the support level of 693 and moving up. Thus the uptrend seems to remain intact in Nickel. However uptrend can begin only above 735 levels. Prices are expected to remain range bound during the day between 700-730 levels.

Aluminium prices are holding good at the support line at 75.30, but again resisting the previous high of 77.6. The Prices can inch-up above 77.6, targeting 79.