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Sunday, June 5, 2016

LEAD UPDATES FOR JUNE 5 2016


SUNDAY


WEEKLY UPDATE



Mcx lead prices was trading in the range between 115 – 117 levels ,




prices moved from 113 levels to test week high of around 117.2 levels



but was not able to sustain at higher levels and dropped back to 115.9 levels,




immediate supports for the commodity is at 115 – 113, resistance for the commodity is at 117.2 levels.




Weekly Call :




Sell Mcx Lead only below 115




and add further on rises up to 115.5\




with SL above 117.2



for target 113 and 111.8.