SHORT TERM TREND : BEARISH
LONG TERM TREND :BEARISH
S1 RS 83.80 , S2 RS 81.60
R1 RS 86.70 , R2 RS 88.40
STAY SHORT
Lead Falls, Erasing Earlier Rise on Dollar.
Lead erased earlier gains as the biggest jump in the dollar
in almost a month eroded the appeal of raw materials.
Lead for delivery in three months dropped $46, or
2.4 percent, to $1,900 a metric ton as of 4:38 p.m. on
the London Metal Exchange. Prices rose as much as 3.8
percent after the LME reported another 450-ton decline
in inventories, to 78,700 tons, the lowest since June 12.
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