MCX lead Monthly report for November 2016

MCX lead Monthly report for November 2016

Free mcx lead monthly tips for nov 2016

Mcx lead future on last trading session closed at 137.8 with loss. Mcx lead future achieved my given target of 140.5+ and corrected towards support of 136.   For month of November 2016, mcx lead pivot point level is 137.15 and currently strong resistance for mcx lead, Below 137.15, mcx lead become bearish and remain sell for targets 132 and 126. These are downside monthly support zones for mcx lead prices.   Above 137.15, mcx lead future become bullish and buy for short to medium term. On upside 143.5 and then 149 are mcx lead monthly resistances as well as target zones on bullish breakout.   Mcx lead weekly chart price trend and momentum both are strong bullish. Mcx lead achieved its medium term target of 136 rupee after breakout above 119 rupee. Above 136 on weekly closing basis, mcx lead will remain buy and accumulate for target 155.

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