Insignia Consultants
New Delhi
Friday, February 1, 2019
TIME 10:08 AM
IST
------------------------------------------------------------------------------------------------------------------------
MCX LEAD REPORT
There can be very sharp two way moves in all industrial
metals. US-China positive trade talk outcome has already been factored in by
the markets.
Lead
February 2019: (previous day close/CMP Rs.149.95):
Bullish
over 150.00 with 152.20 and 156.00 as price target.
Bearish
below 148.70 with 146.90 and 145.40 as price target.
Neutral
Zone: 148.70-150.00
One Support:
148.70
One
Resistance: 152.20
o
Small sell off will be there below 149.60
o
Quick rise will be there over 151.00.
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
UK session starts around 1:00 pm Indian
Standard Time (+5:30 GMT)US session starts at 6pm pm Indian Standard Time (+5:30 GMT)
PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.
ALL PRICES ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED
APPROPRIATE STOP LOSSES PER LOT IN INDIAN RUPEEES ON THE TRADING CALLS GIVEN IN THIS REPORTTHE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT
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