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Monday, September 1, 2014

LEAD UPDATES FOR SEPT 1 2014

MONDAY



TRADING LEVELS FOR MORNING SESSION




MCX LEAD




SUPPORT 125.95 129.35 132.60




RES 139.10 142.60 146.25



WAIT FOR CONFIRMATION .

Sunday, August 31, 2014

LEAD UPDATES FOR AUG 31 2014

SUNDAY



WEEKLY UPDATE





Lead last week was not able to give a break above 137 levels for the whole


week prices were trading in the range between 135 to 137 and finally


closed at 135.8 levels, any drop below 135.5 will be considered as bearish


and is expected to drop up to 133 levels with mid term supports at 134 levels.


(spread between zinc and lead is expected to increase this week low


risk traders can even buy zinc and sell lead at current spread 8 rs for


targets 10 rs sl 6.5 rs)

Weekly Call :


Sell Lead only below 135.5

with stops above 137

for targets 134 and 133.