MCX Lead Updates : Trading Tips for Today

Yesterday lead MCX May Futures traded with Range bound and closed in flat node at 114.40.
Today we can expect prices to trade with bearish trend towards 112-111 levels and if the same doesn't happen, prices may go up towards 115-117 levels in near term. In Broad perspective, the overall trend is positive and I can expect lead to test 117 level in the current week

Support for lead is seen near 111 and break and sustain below this level lead can fall down to 109 levels.


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