MCX
METALS AND ENERGIES MARKET VIEWS
Trend in all
metals and energies can keep on changing every two hours today. Trade
carefully.
TECHNICAL
VIEW
Lead
July 2018: (previous day close/CMP Rs.147.95):
Bullish
over 147.10 with 149.70 and 151.60 as price target.
Bearish
below 146.10 with 145.10 and 143.60 as price target.
Neutral
Zone: 146.10-147.10
One Support:
146.00
One
Resistance: 148.80
o
Lead will break from the recent consolidation phase
and form a new range.
o
Corrections upto 142 are a part and parcel of a long
term bull rally.
Disclaimer: Any opinions as to the
commentary, market information, and future direction of prices of specific
currencies, metals and commodities reflect the views of the individual analyst,
In no event shall Insignia Consultants or its employees have any liability for any losses incurred in
connection with any decision made, action or inaction taken by any party in
reliance upon the information provided in this material; or in any delays,
inaccuracies, errors in, or omissions of Information. Nothing in this article
is, or should be construed as, investment advice. Website www.insigniaconsultants.in.
Prepared by Chintan Karnani
"Print this
report only if absolutely necessary. Save Paper. Save Trees."
NOTES
TO THE ABOVE REPORT
ALL
VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED
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