MCX lead formed a medium-term pullback in the last few months. In terms of wave structure, it formed a three wave pullback and halted near the upper end of the rising channel. It retraced 61.8% of the previous fall. At that level, the base metal formed an Ending Diagonal pattern and tumbled sharply in the last couple of sessions. The fall has brought the metal towards a crucial support zone, which is near Rs.117-116. Hereon, lead can once again start moving higher. From short-term perspective, Rs.122.50-123.00 will be the area to watch out for beyond which larger upside can be expected.
- Home
- Pivot Points
- _MCX Pivot Point
- __MCX Daily Pivot
- __MCX Weekly Pivot
- _NCDEX Pivot Point
- __NCDEX Daily Pivot
- __NCDEX Weekly Pivot
- _NSE Pivot Point
- __NIFTY-50 Stock Pivot
- __NIFTY-50 Stock Weekly
- __Future Stock Daily Pivot
- __Future Stock Weekly Pivot
- __Top 10 Gainers-Losers
- __Top 20 Derivatives
- _Currency / Comex Pivot
- __CURRENCY Daily Pivot
- __CURRENCY Weekly Pivot
- _LME Pivot Point
- Free Zone
- _Subscription
- _Login / Register
- _MCX Commodity
- __MCX Trend
- __MCX Trend New
- __MCX Price Volume Open Interest
- _NCDEX
- __NCDEX Price Volume Open Interest
- __NCDEX Market Trend
- _NSE / BSE Equity
- _World Market
- _Currency / Comex
- __Currency Levels
- _Performance
- _International Live
- Market Tools
- _Market Holiday
- __MCX Trading Holiday
- __US Market Holiday
- __LME Trading Holiday
- __NSE / BSE Trading Holiday
- __World Market Trading Holiday
- _Market Calculator
- __Pivot Calculator
- __Gann Calculator
- __Camarilla Calculator
- __MCX Conversion Calculator
- __Coming Soon
- __Coming Soon
- __Coming Soon
- __Coming Soon
- __Coming Soon
- _Inventory
- __LME Inventory
- __Crude Oil Inventory
- __Natural Gas Inventory
- _Economic Calendar
- _Entertainment
- __Tic Tac Toe (Game)
- __Memory Exercise (Game)
- __Coming Soon
- __Coming Soon
- __Coming Soon
- TECHNICAL
- _Comex Chart
- __Comex Gold
- __Comex Silver
- __Crude oil
- _LME Chart
- __LME Copper
- __LME Nickel
- __LME Lead
- __LME Zinc
- __LME Aluminium
- _NSE-BSE - ( A To G )
- __AUROPHARMA
- __AXIS BANK
- __BHEL LTD
- __BHARTI AIRTEL
- __BAJAJ AUTO
- __CIPLA
- __COAL INDIA
- __DRREDDY
- __E
- __F
- __F
- _NSE-BSE - ( H To I )
- __HDFC
- __HINDUSTAN UNILEVER
- __INFOSYS LTD
- __ITC LIMITED
- __IDEA CELLULAR
- __I
- __I
- __I
- _NSE-BSE - ( L To R )
- __LARSEN & TOUBRO
- __LIC HOUSING FINANCE
- __M & M
- __MARUTI SUZUKI
- __ONGC
- __RELIANCE INDUSTRIES
- __R
- __R
- __R
- _NSE-BSE - ( S To Z )
- __STATE BANK OF INDIA
- __SUNPHARMA
- __TATA STEEL LIMITED
- __TATA MOTORS LTD
- __TATA CONSULTANCY
- __WIPRO LIMITED
- __X
- __Y
- __Z
- __Z
- _World Market
- __
- Policy & Contact
- _SITEMAP
- _Contact Us
- _Disclaimer
- _Privacy Policy
- _Refund Policy
- _Cookie Policy
- _Terms & Conditions