Buy Lead May Around 168.5 SL BELOW 167.5 TGT 169.6/170.3 - Axis Securities
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LEAD
Lead prices rallied higher in last trading session after prices broke the strong resistance zon of 168 and rallied higher up till 170.4 level. Overall trend is positive for prices as it is trading near multi-month high. Prices is trading above 20 and 60 days EMA and RSI is also above 60 level indicating high momemtum in prices. Traders can buy lead on dips around 168.5 for the target of 169.5 on intraday basis.
BUY LEAD MAY AROUND 168.5 SL BELOW 167.5 TGT 169.6/170.3
ZINC
Zinc prices rallied higher in last trading session. Overall trend is positive for prices as it is trading above 20 and 60 days EMA and RSI is also above 60 level indicating high momemtum in prices. Traders can buy Zinc on dips around 227.5 for the target of 228.5 on intraday basis.
BUY ZINC AROUND 227.5 SL BELOW 226.5 TGT 228.5/229.5
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