Mcx lead moving higher toward targets 141-143

Mcx lead intraday outlook 4th November 2016 Mcx lead intraday outlook 4th November 2016 Mcx lead future last closed at 139.35 with gain. Mcx lead moving higher above 137 as expected and hit high around 139.45. Mcx lead future intraday outlook remain bullish and strategy remain as sell on rise.   For intraday, mcx lead intraday resistances are 138 and 137 and these are fresh long entry zones. On upside copper have target zones at 141 and 143 levels.   Positional traders can hold long positions with trailing stop loss for target 143 and above.

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Pramod Baviskar

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