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Sunday, May 17, 2015

LEAD UPDATES FOR MAY 17 2015

SUNDAY




WEEKLY UPDATE





Lead prices last was trading in negative zone for last two weeks prices has jumped from 116 to 138



levels and dropped back to 124 levels , supports for the commodity is at 122 levels and resistance



at 126 and 127 levels we expect correction to take place initallly and any correction should be



used as an oportunity to buy the commodity.




Weekly Call :



Buy Lead or Lead mini between 122 - 122.5



with stops below 120



for targets 126 and 127.