Mtechtips LEAD MCX SELL AT 113.5-114.5 STOPLOSS 116.5 TGT 111 TGT 109.5

Mtechtips LEAD MCX  intraday trading analysis 15-10-2012

Mcx lead oct from short term view,stay short and keep closing basis stoploss above 115.5 for target of 110.5 to 109.5. from medium to long term view,zone of 108 to 110.5 is important if next week closing comes below that then as like other base metals may go to previous major lows of 104-103.if prices take support at this major zone then long term uptrend will remain intact.

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