Friday, 28 September 2012


SELL MCX LEAD OCT Futures around 122. Target 110 Stop Loss:125.

There is a Hanging Man Formed at the Daily chart confirmed by Bearish engulfing and there is a long term resistance over there.

A simple confirmation the December future is trading at a discount to the current month, while dollar is at premium which clearly indicated that LEAD is in Bear Grip


FOLLOW UP FOR PREVIOUS CALLS:

Natutal Gas Trading at 172 BUY  call given at 161

Copper SELL call given at 450 currently at 446(Feb futures)

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