mcx lead weekly Technical analysis for 28 dec to 1 jan 2016

mcx lead weekly Technical analysis for 28 dec to 1 jan 2016
mcx lead future this week closed with gain at 115.2.
mcx lead weekly chart price trend and momentum both are bullish.
 
 
For medium term, mcx lead support zones are 112.5 and 106.8.
On upside expect strong resistance at 118.2 and 123.75 levels.
 
 
For next week , lead prices might continue to gain so
keep buy on dips view for mcx leadfuture with stop loss
below 112 for target 118.2 and 123.75 .
 
 
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Pramod Baviskar

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