mcx lead weekly technical call for 4 to 8 jan 2016

mcx lead weekly technical call for 4 to 8 jan 2016
mcx lead future this week closed with gain at 118.55.
mcx lead weekly chart price trend and momentum both are strong bullish.
 
 
For medium term, mcx lead support zones are 113 and 107.
On upside expect strong resistance at 119 and 124.4 levels.
 
 
For next week , mcx lead above 119 will extend rally up to 124+.
 
 
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Pramod Baviskar

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