SHORT TERM TREND : BEARISH
LONG TERM TREND : BEARISH
S1 RS 53.80 , S2 RS 52,10, S3 RS 50.60
R1 RS 56.10 , R2 RS 57.70 , R3 RS 59
STAY SHORT AT RESISTENCE.
Lead prices touched a multi year low.
The overall base metal complex came under selling
pressure as the economic picture has deteriorated
further.
Lead prices are at $ 1067 down $ 32.
Analyst feel the next support is at $ 1025 and
below that would be $ 930.
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