DEC 22 MONDAY
SHORT TERM TREND : BEARISH
LONG TERM TREND : BEARISH
S1 RS 41.40 , S2 RS 39.60 , S3 RS 37.10
R1 RS 44 , R2 RS 45.60 , R3 RS 47
STAY SHORT AT RESISTENCE.
Lead prices fell by over 16 % weak on weak .
Outlook for base metals for the next 2 -3 quarters
into next year is grim with recessionary conditions
and lack of demand growth the main theme.
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