JULY 24 THURSDAY
SHORT TERM TREND : BULLISH : TARGET RS 98.60
LONG TERM TREND : BEARISH : TARGET RS 65
S1 RS 93, S2 RS 91.40 , S3 RS 90
R1 RS 95.80, R2 RS 95.70, R3 RS 98.60
Lead increased $45, or 2.1 percent, to $2,185 a ton.
With Base metal volumes also thinned by the
seasonal slow down in trading activity , only
lead has shown any signs of life through the session.
But even this metal has slipped after an early
move to a 2 month high of $ 2195/ tonne , with
reports of cut to outpiu at China's biggest lead
producer being unfounded.
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