NOV 4 TUESDAY
SHORT TERM TREND : BEARISH
LONG TERM TREND : BEARISH
S1 RS 71.20 , S2 RS 69
R1 RS 74.30 , R2 RS 76
STAY SHORT AT RESISTENCE.
Lead was trading down $5 at $1,500 a tonne.
Lead prices return to $ 1500 / MT as stocks seems to
be falling.With winter season coming near there could
be a increase in lead demand for car batteries but
bleak economic outlook may prevent prices from moving
higher.
Stocks in London seems to be depleting slightly and this
could help prices.
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