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LEAD

Lead prices rallied higher in last trading session after prices closed around 174 level. Overall trend is looking positive for prices as it is trading above 20 days EMA on hourly chart and RSI is also around 60 level indicating high momentum in prices. Traders can buy Lead above 175 for the target of 176 on intraday basis.

BUY LEAD ABOVE 175 SL BELOW 174 TGT 176/177

SOYABEAN

Soyabean prices traded sideways in last trading and closed aroound 7050 level. On hourly chart we have observed range shift in RSI and prices edged higher above 9 and 20 days EMA on hourly chart which is a positive sign for prices. Traders can buy soyabean around 7100 level for the target of 7140 level on intraday basis.

BUY SOYABEAN ABOVE 7100 SL BELOW 7060 TGT 7140/7200

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