Copper: The counter remained positive yesterday testing the 21 DMA but closed mid-ways just above the 7 DMA. Thus the prices can try to test the trend line at 309-310, if moves above 307 levels. The RSI is seen moving downwards below the MA, while there is no clear direction from the ADX. However, looking at the overall movement the counter is forming a downwards channel, where prices may resist this 309-310 levels and push prices below 300 levels on breaching 304 levels in near term.

Nickel: The counter remain positive yesterday touching the 21 DMA and closed above the trend line which it resisted from a long time. Thus the downtrend in Nickel can reverse in Short term, if prices continue its upside above 860 levels. Prices can even test the 40 DMA (900 levels), if prices maintain above the 7 DMA
(837). Thus short selling should be avoided at this levels rather fresh buying can be done above 860.

Aluminium: The counter continued being range bound between 90.5-88.8 for past two sessions, resisting the 7 DMA. The can trigger upside till 92, if prices breach the 90.75 levels.