Copper: The counter looks weak with negative cross-over in MACD and the break down in RSI below the support line. The prices are however maintaining at the trend line and 21 DMA, breaching the 304-303 levels price may steeply fall to the 40 DMA near 290 levels in near term.

Nickel: The counter looks bearish with negative breakout in prices, on breaching the support line of the triangular formation. Prices met the exact 890 levels yesterday as we expected. Prices can remain below 920 levels with dropping RSI negative crossover at ADX. Thus one can sell on every rise below 922-25 levels, targeting 855 next.

The counter is weak with close below all the 7 and 21 DMA, declining RSI and rising –DI. However prices took support at the 89.6 levels, the earlier support. For the day one can sell at every rise below 92, target 88-87 in near term. Prices may take support near 89.6 levels, but may smoothly move downwards to 88 on breaching this support at 89.6.