Lead future daily chart analysis
Lead future on Friday closed at 139.7 with loss. In this week we saw continuation of breakdown below 150 rupee and lead prices hit 145 and 18 rupee sell target zones. Below 138 expect super bearish trend and lower targets of 134 and 126 rupees. Recovery from here means 145 and 150 rupee levels again. Daily chart indicators are bearish and oversold so stay cautious with short positions.
Lead future weekly chart analysis
Mcx Lead future this week closed with huge loss. This was third weekly loss for lead future. This week we saw almost 4 rupee range and negative closing.
From long term view, mcx lead below 148 will remain weak and sell and on downside 123 and then 109 rupees are bearish target zones for this commodity.
For genuine Lead future tips with support and follow ups, subscribe to our MCX advisory services.
Share It
BLOG AUTHOR
Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
0 comments:
Post a Comment