LEAD UPDATES FOR JAN 29 2017

SUNDAY




WEEKLY UPDATE






Mcx Lead last week moved from 158 to 163 levels and dropped back to close at 155.5 levels,



trend for the commodity remains bearish and we expect prices to give further correction



up to 153 – 151 levels in the days to come 158 is the strong resistance levels,



sell at current levels is advisable.




Weekly Call :




Sell Mcx Lead between 155.5 – 156



with SL above 158



for targets 153 – 151(positional).



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