Copper: Copper prices traded very range bound, and closed below the 7 and 21 DMA, which indicate weakness in the counter. The Dropping RSI and declining MACD also indicate weakness in prices. Thus one can sell copper at every rise between 243-45, targeting 230 in near term.

Nickel prices are trading down wards taking support at the 711 levels, breaching this levels price can test 680 levels on downside. The RSI and MACD also affirm the downtrend in Nickel with negative cross-over. The short-term averages are also seen giving a negative cross-over which indicates a fresh downtrend can begin on breaching the support line.

Alunimium prices are consolidating at upper levels, taking support at the 76 levels in closing. Breaching the immediate support at 75.5, can trigger downside in prices till 73 levels. The Dropping RSI and downwards crossover of 7 and 21 DMA indicate weakness in the counter.