MCX LEAD UPDATES FOR AUG 25 2013

SUNDAY AUG 25

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MARKET UPDATE

Lead has given a good rally after a break out of above 127 levels 

to test a high of 144 levels over all trend for the commodity

 still remains bullish however profit booking may emerge at 

higher levels near 143 which may push down the prices to 

138 levels in the coming week.

Weekly call :

Sell lead at 142.3 to 143 levels 

with stops above 144.5

 for targets 140 and 139 levels..

Buy lead only at 138 and on dips up to 137 

with stops below 135 

for targets 141 and 143 .