LEAD UPDATES

Copper rose for a third day in London amid speculation the Federal Reserve will maintain economic stimulus in the U.S., the world’s second biggest consumer of the metal. Fed policy makers, who begin a two-day meeting tomorrow, will wait until March to slow the central bank’s $85 billion-a-month bond buying, a Bloomberg survey showed this month. Copper also climbed as U.S. stock-index futures gained and the dollar slid for a second session in three against a 10-currency basket

Intraday Sell Lead 135.20 134, 132.80 sl 136.50

MCX Lead Oct contract is looking sideways to positive on chart, day traders can buy on dips. Major support is seen in range of 133.60, 132.50 and 131. While important resistance is seen near 135.80, 137.20 and 138.50