Free tips for lead

SELL  LEAD 130.80 TGT 128.20,  127.10 SL 132.60

Intraday Resistance of LEAD are 132.5 : 133.7 : 135.7 : 137.1 : 139.5 : 143 : 146.5 : 149.1 : 151.6

Intraday Support of LEAD are 130.1 : 128.9 : 126.9 : 125.6 : 123.3 : 120.1 : 116.9 : 114.7 : 112.5

LEAD FREE TIPS

Buy only above 129.4 with a stop at 127.5 

Below 127 go for sell and put stop at 128.9

Intraday Resistance of LEAD are 129.2 : 130 : 133.9 : 136.3 : 139.8 : 143.2 : 145.7 : 148.3

Intraday Support of LEAD are 127.2 : 126.4 : 122.6 : 120.3 : 117.1 : 114 : 111.8 : 109.6

Todays lead metal news

SELL LEAD AT 129.50 TGT 127.20, 126 SL 130.50

Intraday Resistance of LEAD are 128.7 : 129.4 : 133.5 : 135.9 : 139.4 : 142.8 : 145.3 : 147.8

Intraday Support of LEAD are 126.9 : 126.2 : 122.2 : 119.9 : 116.7 : 113.6 : 111.4 : 109.2

LEAD MARKET NEWS

SELL LEAD ONLY AT 130.20 TGT 128, 126.20 SL 131.40

Intraday Resistance of LEAD are 129.8 : 130.8 : 134.4 : 136.9 : 140.3 : 143.8 : 146.3 : 148.8

Intraday Support of LEAD are 127.6 : 126.6 : 123.1 : 120.8 : 117.6 : 114.5 : 112.2 : 110.1

INTRADAY LEAD NEWS

BUY LEAD 128 TGT 130, 133 SL 126.50

Intraday Resistance of LEAD are 130.4 : 131.1 : 135.4 : 137.8 : 141.3 : 144.8 : 147.3 : 149.8

Intraday Support of LEAD are 128.9 : 128.2 : 124 : 121.7 : 118.5 : 115.4 : 113.1 : 110.9

LEAD NEWS

SELL LEAD BELLOW 130 TGT 128, 126.50 SL 131.60

 Resistance of LEAD are 130.9 : 132.1 : 135.2 : 137.6 : 141.1 : 144.6 : 147.1 : 149.6

 Support of LEAD are 128 : 126.8 : 123.8 : 121.5 : 118.3 : 115.2 : 112.9 : 110.7

LEAD NEWS

SELL LEAD BELLOW  130 TGT 128 126.50 SL 131.60

Intraday Resistance of LEAD are 130.9 : 132.1 : 135.2 : 137.6 : 141.1 : 144.6 : 147.1 : 149.6

Intraday Support of LEAD are 128 : 126.8 : 123.8 : 121.5 : 118.3 : 115.2 : 112.9 : 110.7

LEAD NEWS

Lead Sep MCX : Buy  129.50 SL 128.2 TGT 130.8, 132

Resistance of LEAD are 132.3 : 133.4 : 135.2 : 137 : 139.4 : 142.9 : 146.4 : 148.9 : 151.5

Support of LEAD are 130.1 : 129 : 127.2 : 125.5 : 123.2 : 120 : 116.8 : 114.6 : 112.4

SELL LEAD

EVENING CALL SELL LEAD 130 TGT 128, 125.50 SL 131.60

Intraday Level of LEAD

BUY LEAD 129.20 TGT 132 135 SL 127

Intraday Resistance of LEAD are 133.5 : 135.1 : 137.7 : 140.3 : 143.7 : 147.3 : 149.8 : 152.4 Intraday Support of LEAD are 130.5 : 128.9 : 126.3 : 124 : 120.8 : 117.6 : 115.3 : 113.1

LEAD NEWS

BUY  LEAD 128 TGT 129.60 132 SL 126.40

Intraday Resistance of LEAD are 129.7 : 130.6 : 134.2 : 136.7 : 140.1 : 143.6 : 146.1 : 148.6

Intraday Support of LEAD are 127.3 : 126.4 : 122.9 : 120.6 : 117.4 : 114.3 : 112.1 : 109.9

LEAD TREND & INTRADAY LEVELS

INTRADAY BUY LEAD 129.20 TGT 131, 132.50 SL 128

Trend updated for-Sep/17/2013.CMP-129 The Lead is in long- term bull phase .Currently Lead is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days volume based selling happened in the Lead Noting point is selling at lower levels seems decreasing. The Lead is now trading in oversold level. The Lead is now trading in oversold level. The oscillator is showing SELL signal For short term Lead is in SELL position.Positionally Support for the Lead is 127-.Resistance for the Lead is 132-135-136-140-141

Intraday Resistance of LEAD are 130.6 : 131.9 : 134.7 : 137.2 : 140.6 : 144.1 : 146.6 : 149.1

Intraday Support of LEAD are 127.4 : 126.1 : 123.4 : 121.1 : 117.9 : 114.7 : 112.5 : 110.3

SELL LEAD

LEAD SELL BELOW 130.60 TRGT 128, 125 SL 132.20
Intraday Resistance of LEAD are 132.7 : 133.2 : 137.9 : 140.4 : 143.8 : 147.4 : 149.9 : 152.5
Intraday Support of LEAD are 131.5 : 131 : 126.4 : 124.1 : 120.9 : 117.7 : 115.4 : 113.2

BUY COPPER

BUY COPPER 459 TGT 462, 465 SL 457.00 (Copper Three-month: $47 (288 yuan) Cash:$161 (991 yuan) Zinc Three-month: $188 (1,156 yuan) Cash: $241 (1,484 yuan)

BUY LEAD

BUY LEAD 133.60 TGT 134.60, 135.50 SL 132.90 (Copper Three-month: $47 (288 yuan) Cash:$161 (991 yuan) Zinc Three-month: $188 (1,156 yuan) Cash: $241 (1,484 yuan)

Copper price near month-low on Fed worries

The London Metal Exchange copper price traded close to a month’s low during Asian morning trading on Friday September 13, as concerns about the tapering of the US Federal Reserve’s economic stimulus mounted

LEAD UPDATES 13-9-2013

Intraday Trend- Buy is advised only above 136.4 with a stop at 133.6 Below 132.9 go for sell and put stop at 135.7

Intraday Resistance of LEAD are 136.1 : 137.3 : 140.5 : 143 : 146.5 : 150.1 : 152.6 : 155.2

Intraday Support of LEAD are 133.2 : 132 : 128.9 : 126.6 : 123.3 : 120.1 : 117.8 : 115.6

LEAD CALL ACHIVED

LEAD NEAR TARGET OF 134.50 HOLD FOR TOMMORW TO  MORE PROFIT

BUY LEAD

BUY LEAD 133.00  TGT 134.50 136 SL 131.85 ( (USD Unemployment Claims Actual 292K Forecast 332K Previous 323K,USD Import Prices m/m Actual 0.0% K Forecast 0.60% Previous 0.20%,
Data negative for bullion and positive for base metals and energy. )

Lead prices continued its downward journey

Lead prices continued its downward journey, falling for the fourth day on Thursday at the domestic markets due to the surge in the lead stockpiles at the London Metal Exchange (LME) on account of the weak demand for the commodity.

 LME lead stocks rose by 1775 metric tonnes to 182200 metric tonnes as on September 12, 2013. At the MCX, Lead futures, for the September 2013 contract, is trading at Rs 133.55 per kg, down by 0.60 per cent, after opening at Rs 134, against a previous close of Rs 134.35. It touched an intra-day low of Rs 132.60 till the trading. (At 6.05 PM today). Sentiment weakened further as a result of low demand for the commodity from battery-maker in the spot market in the midst of weal overseas trend.

BMO Raises Long-Term Copper Price Forecast, Says Supply Glut Concerns Overblown

Copper prices could rise longer-term as concerns over a supply glut are overblown, said BMO Capital Markets, boosting its 2017 price forecast for the red metal, but lowering its medium-term outlook.

In a research note released Wednesday, BMO lifted its long-term average price forecast for copper to $3 a pound by 2017, up from $2.75, saying that an estimated 3.2 million tons a year of “greenfield” development is needed to meet demand over the next decade.

In the medium-term, however, copper supplies will be substantial, they said. BMO forecast mine supply growth of 7.7% in 2014 and 11.6% in 2015, although they added the caveat that this rate has not been achieved for 20 years.

Still, the bank lowered its near-term price forecasts saying, “Unless -- or until -- the risks to consensus expectations for a severely oversupplied copper market are acknowledged, copper prices appear unlikely to appreciate meaningfully anytime soon.”

BMO has a base case copper supply forecast of 840,000 in 2015, but notes that 96% of the global copper refined supply is still needed to meet demand.

They lowered the 2015 average price outlook to $2.90 from $3 and the 2016 outlook to $2.65 from $2.75. Their forecast for 2013’s average price forecast is $3.30, for 2014 it is $3.25. They did not state if the 2013 and 2014 prices were changed.

They said that recent positive manufacturing data out of China, the U.S. and Europe lifted the outlook for copper, but what offsets the demand news is “anticipated onslaught of copper supply over the next few years in combination with slowing growth out of China,” they said.

By 2017 they expect an incremental 5.6 million tons of mine supply. Yet what makes BMO believe that current forecasts for heavy copper supply in the coming years is that supply forecasts from 2001 to 2011, forecasts were off by 2% for one year and about 8% for years five to 10 of their research, they said.

“Therefore current forecasts may be overly optimistic” on estimating mine supply growth, they said.

The other question to ponder is whether Chinese copper demand is accurate, they said. Power and construction demand are up 20% year-over-year in China, representing half of copper demand. Analysis of trade data suggests that if the demand figures are “real,” they said, then this year’s copper consumption should be 12% above last year. However, they added their base case growth this year is likely closer to 5%, given the government’s ongoing rhetoric around reform and shutdowns.

LEAD METAL TIPS

Intraday Trend- Buy is advised above 136.3 with a stop at 133.2 Below 132.4 go for sell

Intraday Resistance of LEAD are 136 : 137.5 : 140.2 : 142.7 : 146.2 : 149.7 : 152.3 : 154.9

Intraday Support of LEAD are 132.7 : 131.2 : 128.6 : 126.3 : 123 : 119.8 : 117.5 : 115.3

Lead news today

Intraday Trend- Buy is advised above 137.4 with a stop at 134.3 Below 133.4 go for sell

Intraday Resistance of LEAD are 137 : 138.3 : 141.3 : 143.8 : 147.3 : 150.8 : 153.4 : 156

Intraday Support of LEAD are 133.8 : 132.5 : 129.6 : 127.3 : 124 : 120.8 : 118.5 : 116.3

LEAD TREND

Intraday Trend- Buy is advised above 139.2 with a stop at 137.2 Below 136.7 go for sell

Intraday Resistance of LEAD are 138.9 : 139.8 : 143.9 : 146.4 : 149.9 : 153.5 : 156.1 : 158.7

Intraday Support of LEAD are 137 : 136.1 : 132.1 : 129.8 : 126.5 : 123.2 : 120.9 : 118.6