The document provides a commodity report on base metals dated January 4, 2020. It includes the following: 1) Technical analysis and recommendations for aluminum, copper, lead, nickel, and zinc based on daily price charts and key support and resistance levels. Buy and sell recommendations are provided. 2) The analyses suggest the markets will continue bullish or bearish momentum depending on whether support or resistance levels are broken. Price targets and stop losses are given for each recommendation. 3) A disclaimer noting the information is for informational purposes only and users should do additional research before making investment decisions. Investment risks are described.

1. COMMODITY
REPORT BASE METAL
4 January
2020

2. 1
BASE METAL REPORT
4 January 2020
COMMODITY REPORT BULLION -
GOLDFactors Influencing the Market
Aluminium Dec daily chart has formed "Falling channel" pattern. The last
few sessions ended up in sideways trend along with some corrections
inside the channel.
TECHNICALANALYSIS
(ALUMINIUM)
The market is expected to continue on the bullish momentum based on the
current price action, once the same breaks above a key resistance holding at
134.80. The upside rally could be testing all the way through 137 level in the
upcoming sessions. Alternatively, if the key resistance holds strong then the
market might retest the same and turn bearish. The downside rally could test up
to 132 level. Key support holds at 132.
RESEARCH RECOMMENDATION
BUY ABOVE 134.80 TARGET 137 STOP LOSS 133.50;
SELL BELOW 133.50 TARGET 132 STOP LOSS 134.80

3. 2
BASE METAL REPORT
4 January 2020
COMMODITY REPORT BULLION -
GOLDFactors Influencing the Market
Copper Jan daily chart has formed "Megaphone chart" pattern. The last
few sessions been in sideways trend along with some corrections inside
the channel.
TECHNICALANALYSIS
(COPPER)
The market is expected to continue on bearish momentum based on the current price
action, once the same breaks below a key support holding at 439.50. The downside
rally could be testing all the way through 435-432 level in the upcoming sessions.
Alternatively, if the key support holds strong then the market might retest the same
and turn bullish. The upside rally could test up to 448 level. Key resistance holds at 448.
RESEARCH RECOMMENDATION
SELL BELOW 439.50 TARGET 435-432 STOP LOSS 442; BUY
ABOVE 442 TARGET 446-448 STOP LOSS 439.50

4. 3
BASE METAL REPORT
4 January 2020
COMMODITY REPORT BULLION -
GOLDFactors Influencing the Market
Lead Dec Daily chart has formed “Right angled ascending broadening wedge” pattern.
The last few sessions ended up in sideways trend along with some corrections inside
the channel.
TECHNICALANALYSIS
(LEAD)
The market is expected to continue on bullish momentum based on the current price action,
once the same breaks above a key resistance holding at 154.50. The upside rally could be
testing all the way up to 156 levels in the upcoming sessions. Alternatively, if the key
resistance holds strong then the market might retest the same and turn bearish once again.
The downside rally could test up to 151 level. Key support holds at 151.
RESEARCH RECOMMENDATION
BUY ABOVE 154 TARGET 156 STOP LOSS 152.50; SELL BELOW
152.50 TARGET 151 STOP LOSS 154

5. 4
BASE METAL REPORT
4 January 2020
COMMODITY REPORT BULLION -
GOLDFactors Influencing the Market
Nickel Jan daily Chart has formed "Descending broadening wedge" pattern.
The last few sessions been in sideways trend along with some corrections
inside the channel.
TECHNICALANALYSIS
(NICKEL)
The market is expected to continue on the bullish term based on the current price action, once the
same breaks above a key resistance holding at 1050. The upside rally could be testing all the way
through 1065-1080 levels in the upcoming sessions. Alternatively, if the key resistance holds strong
then the market might retest the same and turn bearish once again. The downside rally could test
up to 1025 level. Key support holds at 1025.
RESEARCH RECOMMENDATION
BUY ABOVE 1050 TARGET 1070-1085 STOP LOSS 1038; SELL BELOW 1038
TARGET 1020-1010 STOP LOSS 1050

6. 5
BASE METAL REPORT
4 January 2020
COMMODITY REPORT BULLION -
GOLDFactors Influencing the Market
Zinc Dec daily chart has formed “Ascending broadening wedge”
pattern. The last few sessions ended up sideways in trend along with
some corrections inside the channel.
TECHNICALANALYSIS
(ZINC)
The market is expected to continue on bullish momentum based on the current
price action, testing all the way through 186 level in the upcoming sessions.
Alternatively, if the market breaks below a key support holding at 181.50 then it
might turn bearish once again. The downside rally could test up to 179 level. Key
resistance holds at 186.
RESEARCH RECOMMENDATION
BUY ABOVE 184 TARGET 186-188 STOP LOSS 182.50; SELL BELOW
182.50 TARGET 180 STOP LOSS 184

7. 6
Disclimar
The information and views in this website & all the services we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s
that suits them the most.
Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and on sources that we consider reliable. We,
however, do not vouch for the consistency or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred due to it & take no responsibility whatsoever for any financial
profits or loss which may arise from the recommendations above.
Investment bulls does not purport to be an invitation or an offer to buy or sell any financial instrument. Analyst or any person related to investment bulls might be holding positions in the stocks recommended.
Our clients (paid or unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or reports or any information provided by us to/with anyone which is received directly or indirectly by them. If
found so then serious legal actions can be taken.
By accessing stockquint.com or any of its associate/group sites, you have read, understood and agree to be legally bound by the terms of the following disclaimer and user agreement.
stockquint.com has taken due care and caution in compilation of data for its web site. The views and investment tips expressed by investment experts on stockquint.com are their own, and not that of the website or its
management. stockquint.com advises users to check with certified experts before taking any investment decision. However, stockquint.com does not guarantee the consistency, adequacy or completeness of any information
and is not responsible for any errors or omissions or for the results obtained from the use of such information. stockquint.com especially states that it has no financial liability whatsoever to any user on account of the use of
information provided on its website.
stockquint.com is not responsible for any errors, omissions or representations on any of our pages or on any links on any of our pages. stockquint.com does not endorse in anyway any advertisers on our web pages. Please
verify the veracity of all information on your own before undertaking any alliance.
The information on this website is updated from time to time. stockquint.com however excludes any warranties (whether expressed or implied), as to the quality, consistency, efficacy, completeness, performance, fitness or
any of the contents of the website, including (but not limited) to any comments, feedback and advertisements contained within the site.
This website contains material in the form of inputs submitted by users and stockquint.com accepts no responsibility for the content or consistency of such content nor does stockquint.com make any representations by
virtue of the contents of this website in respect of the existence or availability of any goods and services advertised in the contributory sections. stockquint.com makes no warranty that the contents of the website are free
from infection by viruses or anything else which has contaminating or destructive properties and shall have no liability in respect thereof.
Part of this website contains advertising and other material submitted to us by third parties. Kindly note that those advertisers are responsible for ensuring that material submitted for inclusion on the website complies with
all legal requirements. Although acceptance of advertisements on the website is subject to our terms and conditions which are available on request, we do not accept liability in respect of any advertisements.
This website will contain articles contributed by several individuals. The views are exclusively their own and do not necessarily represent the views of the website or its management. The linked sites are not under our control
and we are not responsible for the contents of any linked site or any link contained in a linked site, or any changes or updates to such sites. stockquint.com is providing these links to you only as a convenience, and the
inclusion of any link does not imply endorsement by us of the site.
There are risks associated with utilizing internet and short messaging system (SMS) based information and research dissemination services. Subscribers are advised to understand that the services can fail due to failure of
hardware, software, and internet connection. While we ensure that the messages are delivered in time to the subscribers mobile network, the delivery of these messages to the customer's mobile phone/handset is the
responsibility of the customer's mobile network. SMS may be delayed and/or not delivered to the customer's mobile phone/handset on certain days, owing to technical reasons and stockquint.com cannot be held responsible
for the same.
stockquint.com hereby expressly disclaims any implied warranties imputed by the laws of any jurisdiction. We consider ourselves and intend to be subject to the jurisdiction only of the court of Chennai in India. If you don't
agree with any of our disclaimers above please do not read the material on any of our pages. This site is specifically for users in the territory of India. Although the access to users outside India is not denied, stockquint.com
shall have no legal liabilities whatsoever in any laws of any jurisdiction other than India. We reserve the right to make changes to our site and these disclaimers, terms, and conditions at any time.
Stock trading is inherently risky and you agree to assume complete and full responsibility for the outcomes of all trading decisions that you make, including but not limited to loss of capital. None of the stock trading calls
made by stockquint.com and group companies associated with it should be construed as an offer to buy or sell securities, nor advice to do so. All comments and posts made by stockquint.com , group companies associated
with it and employees/owners are for information purposes only and under no circumstances should be used for actual trading. Under no circumstances should any person at this site make trading decisions based solely on
the information discussed herein. We are not a qualified financial advisor and you should not construe any information discussed herein to constitute investment advice. It is informational in nature.
You should consult a qualified broker or other financial advisor prior to making any actual investment or trading decisions. You agree to not make actual stock trades based on comments on the site, nor on any techniques
presented nor discussed in this site or any other form of information presentation. All information is for educational and informational use only. You agree to consult with a registered investment advisor, which we are not,
prior to making any trading decision of any kind. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. No
representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
stockquint.com operates a real time chat room intended to provide a private forum for users to exchange information and to discuss various investing techniques. You agree, by accessing this or any associated site,
stockquint.com bears no liability for any postings on the website or actions of associate site. We reserve the right to deny service to anyone. You, and not stockquint.com , assume the entire cost and risk of any trading you
choose to undertake. You are solely responsible for making your own investment decisions. If you choose to engage in such transactions with or without seeking advice from a licensed and qualified financial advisor or entity,
then such decision and any consequences flowing there from are your sole responsibility. The information and commentaries are not meant to be an endorsement or offering of any stock purchase. They are meant to be a
guide only, which must be tempered by the investment experience and independent decision making process of the subscriber. stockquint.com or any employees are in no way liable for the use of the information by others
in investing or trading in investment vehicles utilizing the principles disclosed herein. stockquint.com or any of its employees do not represent themselves as acting in the position of an investment advisor or investment
manager for the use of the information in this service. The materials and information in, and provided by, this site are not, and should not be construed as an offer to buy or sell any of the securities named in materials,
services, or on-line postings.
We encourage all investors to use the information on the site as a resource only to further their own research on all featured companies, stocks, sectors, markets and information presented on the site. Nothing published on
this site should be considered as investment advice.
stockquint.com , its management, its associate companies and/or their employees take no responsibility for the veracity, validity and the correctness of the expert recommendations or other information or research.
Although we attempt to research thoroughly on information provided herein, there are no guarantees in consistency. The information presented on the site has been gathered from various sources believed to be providing
correct information. stockquint.com , group, companies, associates and/or employees are not responsible for errors, inaccuracies if any in the content provided on the site. Any prediction made on the direction of the stock
market or on the direction of individual stocks may prove to be incorrect. Users/visitors are expected to refer to other investment resources to verify the consistency of the data posted on this site on their own.
stockquint.com does not represent or endorse the consistency or reliability of any of the information, conversation, or content contained on, distributed through, or linked, downloaded or accessed from any of the services
contained on this website (hereinafter, the "service"), nor the quality of any products, information or other materials displayed, purchased, or obtained by you as a result of any other information or offer by or in connection
with the service.
Neither stockquint.com nor its principals, agents, associates or employees, are licensed to provide investment advice. No materials in stockquint.com , either on behalf of stockquint.com or any site host, or any participant in
stockquint.com or any of its associated sites should be taken as investment advice directly, indirectly, implicitly, or in any manner whatsoever, including but not limited to trading of stocks on a short term or long term basis,
or trading of any financial instruments whatsoever. Past performance is not an indicator of future returns. All the analyst commentary provided on stockquint.com is provided for information purposes only. This information
is not a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on stockquint.com is governed by these terms and conditions of use. This material is based upon information
that we consider reliable, but we do not represent that it is consistent or complete, and that it should be relied upon, as such. You should not rely solely on the information in making any investment. Rather, you should use
the information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. By using stockquint.com including any software and content
contained therein, you agree that use of the service is entirely at your own risk. stockquint.com is not a registered investment advisor or a broker dealer. You understand and acknowledge that there is a very high degree of
risk involved in trading securities. Past results of any trader published on this website are not an indicator of future returns by that trader, and are not an indicator of future returns which be realized by you. Any information,
opinions, advice or offers posted by any person or entity logged in to stockquint.com or any of its associated sites is to be construed as public conversation only. stockquint.com m makes no warranties and gives no
assurances regarding the truth, timeliness, reliability, or good faith of any material posted on stockquint.com . stockquint.com does not warranties that trading methods or systems presented in their services or the
information herein, or obtained from advertisers or members will result in profits or losses.
Any surfing and reading of the information is the acceptance of this disclaimer.
All rights reserved.