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LEAD MCX Watch Bloodbath From 126.10 TO 117.20 Levels

I Told You Sure Short Sell LEAD MCX  @ 126.10 level Lead prices on Thursday drifted lower by 0.42 per cent to Rs 141.70 per kg in futures trade as speculators cut bets on low demand.

On the Multi Commodity Exchange, lead for delivery in May fell by 60 paise, or 0.42 per cent, to Rs 141.70 per kg in 30 lots.

Analysts said off-loading of positions by participants owing to slackened demand from consuming industries in the physical market mainly exerted pressure on lead prices here.

Were is Targets :120 → 117 and more

Now Hit Low of 117.20 its Lower Circuit.

IF Close Below 117, More Down Side Up To 114 → 112

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