SUNDAY
WEEKLY UPDATE
Lead last week was not able to give a break above 137 levels for the whole
week prices were trading in the range between 135 to 137 and finally
closed at 135.8 levels, any drop below 135.5 will be considered as bearish
and is expected to drop up to 133 levels with mid term supports at 134 levels.
(spread between zinc and lead is expected to increase this week low
risk traders can even buy zinc and sell lead at current spread 8 rs for
targets 10 rs sl 6.5 rs)
Weekly Call :
Sell Lead only below 135.5
with stops above 137
for targets 134 and 133.
