SUNDAY
WEEKLY UPDATE
Mcx Lead was taken supports at 110 levels and bounced back to close at 113 levels, for the last two
weeks prices have taken supports at 107 – 108 levels and this week prices have given a positive note
to close at 113 levels, 114 is the next and immediate resistance for the commodity supports for
the commodity is now at 110 and 111.8, out of all the base metals lead is the only commodity
looks bullish and any breakout above 114 levels will confirm it.
Weekly Call :
Buy Lead or Lead mini only above 114
and add further on dips up to 113
with stops below 110 for targets 117 and 118.
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