mcx lead intraday levels 7 oct 2015

Mcx lead future today is trading at 106.55 with gain.
 
On daily chart, lead future 1 week price channel is down.
And 1 month price channel also showing downtrend.
Daily chart RSI is at 34 and approaching bottom.
 
mcx lead intraday support levels are 105.35 and 104.8.
And mcx lead intraday resistance levels are 107 and 107.65.
 
mcx lead intraday trade will be buy on dips with stoploss
for target 107 and then 107.65+ on upside.

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Pramod Baviskar

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