mcx lead weekly : achieved 125+ first target now looks bearish

mcx lead weekly technical analysis for 21 to 25 march 2016

mcx lead weekly technical analysis for 21 to 25 march 2016

Mcx lead future this week closed with loss. This was second weekly loss for this mcx base metal. My given 125+ target achieved but failed to sustain above it.   On downside 120.1 is major support and below it downtrend will start for lead prices.   Below 120 expect downside targets of 114 and 109 in upcoming weeks.

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Pramod Baviskar

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