mcx lead weekly technical outlook for 16 to 20 nov 2015

mcx lead this week closed at 106.55 with loss.
this was forth losing week for lead prices.
lead future price trend and momentum both are bearish
and prices are suggest bottom around 100 to 96 zone.
mcx lead weekly support zones are 105 and 104.
mcx lead weekly resistance zones are 107.6 and 110.1.
mcx lead future weekly trading call will be
stay short for target 105 to 104 in next week.
 
for long term investors, sub 100 rupee levels will be best
buy and accumulate opportunity with 6 to 12 month
price target 126 rupees.

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Updated: 15/11/2015 — 12:10 PM

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Pramod Baviskar

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