mcx lead future outlook for 9 to 13 may 2016

 

mcx lead future outlook for 9 to 13 may 2016

Mcx lead future this week closed with loss. This was first losing week for this base metal after last 3 weeks gain.

 

For next week, mcx lead future outlook remain weak and might show lower levels.

 

Mcx lead below 117.2 on weekly closing basis remain sell on rise and tgts are 114 which is almost achieved in this week with low of 115.2.

 

Below 114 next support as well as tgt will be 109.

 

 

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