Mcx Lead Calls – Buy Lead at CMP 168.30 for Target 169.20 – 169.90 with S L below price 167.20
Lead daily chart has formed “Megaphone” pattern. The last session ended up bullish in trend after a few consolidations inside the channel. The market is expected to continue on a bullish momentum, testing all the way through 170-172 levels in the upcoming sessions. Alternatively, if the market breaks below a key support holding at 164 then it might turn to overall bearish once again. Key resistance holds at 172.