Mcx lead monthly report for December 2016
Mcx lead future on last trading session closed at 159.55.but now it is time for correction. Mcx lead for month of December 2016, level. Mcx lead price trend and momentum will be bearish below 158. On downside my targets are 139 and 118. These are also act as major support zones for this series. Mcx lead if sustain above 158 on weekly closing basis then expect strong reversal as well as but that possibility looks less likely. showing that this base metal hit its medium to long term targets of 155 and 172. Now correcting towards support zones of 155 and then 136 rupee.