MCX Lead falls by 0.37% on weak demand outlook

Commodity Insights Reported Lead prices fell by 0.37 per cent on Tuesday at the domestic markets after Istat said that Italian Industrial Production rose less than expected to 0.2 per cent, from -0.2 per cent in the preceding month whose figure was revised up from -0.3 per cent signaling weak industrial activity in the region which reduced the demand outlook for the metal. At the MCX, Lead futures, for the November 2013 contract, is trading at Rs 134.30 per kg, down by 0.37 per cent, after opening at Rs 134.45, against a previous close of Rs 134.80. It touched an intra-day low of Rs 133.70 till the trading.

MCX Commodities Weekly Pivot Supports and Resistances for June'' 24-29 ''2013

MCX Commodities Weekly Pivot Supports and Resistances for June'' 24-29 ''2013

Commodity	S3	S2	S1	PP	R1	R2	R3
Gold	25031.33	25868.67	26444.33	27281.67	27857.33	28694.67	29270.33
Silver	36597.33	38656.67	40121.33	42180.67	43645.33	45704.67	47169.33
Copper	391.35	396.60	402.20	407.45	413.05	418.30	423.90
Crudeoil	5248.33	5417.67	5515.33	5684.67	5782.33	5951.67	6049.33
Lead	114.13	116.62	118.83	121.32	123.53	126.02	128.23
Zinc	103.03	104.27	106.38	107.62	109.73	110.97	113.08
Nickel	791.07	801.13	818.87	828.93	846.67	856.73	874.47
Aluminum	100.43	102.07	103.48	105.12	106.53	108.17	109.58
Natural Gas	199.20	209.20	219.40	229.40	239.60	249.60	259.80

MCX Commodities Weekly Pivot Supports and Resistances for June '' 17-22 ''2013

MCX Commodities Weekly Pivot Supports and Resistances for June ''17-22 ''2013

Commodity	S3	S2	S1	PP	R1	R2	R3
Gold	26810.33	27187.67	27533.33	27910.67	28256.33	28633.67	28979.33
Silver	41027.33	41854.67	42844.33	43671.67	44661.33	45488.67	46478.33
Copper	385.62	395.48	401.72	411.58	417.82	427.68	433.92
Crudeoil	5326.00	5409.00	5536.00	5619.00	5746.00	5829.00	5956.00
Lead	112.00	116.20	119.05	123.25	126.10	130.30	133.15
Zinc	98.77	101.93	103.97	107.13	109.17	112.33	114.37
Nickel	737.47	775.73	801.47	839.73	865.47	903.73	929.47
Aluminum	96.05	100.50	103.05	107.50	110.05	114.50	117.05
Natural Gas	201.90	208.50	212.50	219.10	223.10	229.70	233.70