Lead futures trading on the Multi Commodity Exchange (MCX) saw a downward trend. Indicates high during late February ₹ 181.3.
Over the next three weeks,
Future price 13 low Percent and touched ₹ 157
Levels. But then the bulls acted quickly and returned
Around the course. After a brief period of integration,
Futures are beginning to march they crossed ₹ 170 last week.
Daily price action the chart is positive and
a rally is likely to take place from here High.
Supporting positive biases, the daily relative strength index
is moving upwards. Price and with a Moving average accumulation
the difference indicator on the daily chart is consistently ranked
An upward path. Shows the average directional code
Supports speed Bulls and more, The Prices are between 21 and 50 both Days moving average (DMAs).
Traders can be positive Lead the new long positions
with a stop to long ₹168 in the May future. From the 21st day
the moving average is at ₹168, which can be a good support
as long as there are futures above this price, the trend will be
Lean upside down.
₹175 When there is a small obstacle,
The contract will touch ₹180 beyond this level
Nearby. Over ₹180, Immediate resistance is possible
to be ₹185.
