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Sunday, July 5, 2015

LEAD UPDATES FOR JULY 5 2015

SUNDAY


WEEKLY UPDATE




Mcx Lead prices was trading in the range between 111 -114 , former remains strong supports and the later acts as



strong resistance , trend for the commodity remains very bearish and any breakdown below 111 we expect prices



to correct further up to 106 levels with the 114 as resistance, sell below support levels is advisable for the commodity.



Weekly Call :



Sell Lead or Lead mini on closing below 111



and further on rises up to 112



with stops above 114 for targets 107.5 and 106.


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