Sure Shot Lead Tips

Lead (MCX-Jan'11): Lead taken good support near 108. Pull back rally cannot be ruled out this week. 

At upper side it will face resistance at 114 above that it can move till 119. Downside there is a very strong support at 108 below which it may fall till 106.30. 

Lead for January contract (2.53%), Lead Mini for January contract (2.53%) and Nickel for February contract (2.34%) (At 5:41 P.M today)

Supprted by firm global market trend and pick-up in domestic demand, Lead traded higher in future trade yesterday. At MCX future, Lead for January contract closed at Rs 112.85 against previous close prices of Rs 108.85.

 Lead for February contract closed at Rs 112.20, against previous close prices of Rs 108.90, Lead for March contract closed at Rs 112.35, against previous close prices of Rs 109.25

Yesterday, at MCX, the top gainers were Kapas for April contract (4.00%).

Lead Mini for January contract (3.77%), Lead for January contract (3.54%), Lead Mini for March contract (2.98%) and Lead for February contract (2.89%).