Copper: The counter remained positive yesterday, but below all the short term moving averages. The RSI is steadily dropping down; however there is no clear indication from the ADX. Thus the prices are expected to remain side to down below the 303-304 levels.

Nickel: The counter continues to remain downwards below the trend line. The RSI remains below the MA, while the –DI is on the upside, which indicate weakness in the counter. Thus the prices are expected to resist the 850-55 levels on upside and move lower to 800-780 levels in near term.

Aluminium: The counter remains range bound for a long time between 93-88. For the day prices are expected to remain side-ways to down targeting 88 below the 90.5 levels. Above 90.5 next resistances is at 92.5 levels. There is no clear direction in the counter, however fresh downside can begin if prices move below 87 levels.