Copper prices moved lower closing at 241.8 in the previous session; however prices are seen taking support at the support line 241.9. The ADX is still positive, but the RSI have given a downside cross-over. Thus there is a mix sentiments in copper at this curtail levels. However, Copper can reverse the uptrend if breaks this support of 241 today.
Nickel prices moved lower during the day and closed lower at 705 below the Support levels of 714. The trend line also is seen breaching with the previous close. The RSI have given cross-over on downside, however the ADX is still favoring the uptrend. Thus we expect Nickel to take support at 690-692 levels and move up. Breaching this 690 levels, the short-term trend can reverse in Nickel, which can push prices lower to 660 levels.
Aluminium prices also moved lower yesterday breaching the support line at 76.75. The Aluminium prices are now expected to test the support at 74 levels on downside for the day. Thus one can sell for target of 74.