CLOSING COMMENTARY FOR DEC 7 MONDAY

Lead prices dropped sharply as the prices again fall in the range

of 105 - 110 levels to test the lower band. Prices came down

sharply below the strong res levels of 109.50- 110.40 levels.

Prices have strong sup of 105 and a break belwo could test prices

till 104 on intradaybasis.

Res is seen at 109.50 and sup seen at 106 .