Lead View

Commodity View:

Lead has finally broken the 5 months bullish trend line on weekly chart and taken a strong support of 200 Days EMA. The prices are even trading below 50 Days EMA. The prices can re-test the trend line at around 105-106 giving an opportunity to sell on rise. We suggest to sell around 105-106 levels looking for the target of 101.50 / 98 / 94 levels with stoploss of 108.50 on closing basis.