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COM: MCX Lead may advance on buying sentiment
 
AHMEDABAD (Commodity Online): Lead prices corrected sharply in earlier week as the markets were worried of the debt problems in Euro zone and expectations of hike in interest rates in China and India.

Lead Futures on MCX rose by 0.89 percent to 121.70 rupees as traders and investors built fresh positions after prices trade above strong support 120 rupees per Kilogram.

Bottom fishing in the markets are expected to support Copper from the lower levels.

To get in touch with the Analyst on this report or to get a free trial on trading advisories call 079-40275050 or mail to tips@commodityonline.com
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