Lead Ready For Strong Reversal Ahead
Satendra Singh | Nov 15, 2017 12:15PM ET
On analysis of the Lead Futures price, I find the current level seems to be comfortable to go long but strictly with stop loss orders. As the downward move in lead futures price is only caused by the growing volatility due to changing geopolitical equations. I conclude expected propositional trading zones for from November 15th - 21st, 2017. I find the lead futures price seems to have entered in oversold territory and tends to bounce back towards upper trading zones during the upcoming weeks.
Be careful with cautious approach before creating any fresh position with utmost care. Have a Nice Trading Time. Good Luck!
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