mcx lead future outlook for 23 to 27 may 2016

mcx lead future outlook for 23 to 27 may 2016 Mcx lead future this week closed with loss. This was third losing week.   Mcx lead future achieved my 114 tgt and given breakdown below it in last session. On downside next tgt will be 109.   For next week, mcx lead weekly chart support zones are 109.75 and 108.5. While on upside 114.5 and 117.6 are strong resistances.   From long term view, reversal from 102 was very bearish and he’s downside tgt at 102.

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Pramod Baviskar

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