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Sunday, April 12, 2015

LEAD UPDATES FOR APRIL 12 2015

SUNDAY




WEEKLY UPDATE




Lead prices last week traded towards northwards direction for the whole week and



continue to remain very positive despite the sluggishness in nickel and copper market ,



we expect the momentum to continue till 130 levels with strong supports at 123 and



immediate resistance at 125 levels, trend remains bullish.




Weekly Call :




Buy lead or lead mini on dips between 123.5 to 124



with stops below 121.75



for targets 127 and 128.5