Trading levels for Leadmini and Zincmini for the day 28the August, 2012
In my last post the values that I mentioned has been largely met.Still there is some more room left for these base metals to travel. Since these levels have reached overbought zone profit booking may come at any time. Traders should be very careful.
I give below the Pivot levels for Leadmini and Zincmini.
R1 R2 Pivot S1 S2
Leadmini 109.83 109.53 109.22 108.83 108.43
Zincmini 103.60 103.40 103.20 102.85 102.50
The spread gap between these metals now stands at 6.15 giving us a good profit.
Happy trading!
In my last post the values that I mentioned has been largely met.Still there is some more room left for these base metals to travel. Since these levels have reached overbought zone profit booking may come at any time. Traders should be very careful.
I give below the Pivot levels for Leadmini and Zincmini.
R1 R2 Pivot S1 S2
Leadmini 109.83 109.53 109.22 108.83 108.43
Zincmini 103.60 103.40 103.20 102.85 102.50
The spread gap between these metals now stands at 6.15 giving us a good profit.
Happy trading!
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