Lead Prices

Lead is in overbought zone as RSI_14 is at 74, but there is no reversal chart pattern on the daily scale or divergence on momentum indicator

Pick-up in industrial consumption, relatively benign lead prices point to improved earnings prospects

Rebounding zinc and firm silver prices will add to gains from rising production

Metal for delivery in October contracts traded lower by a similar margin to Rs 127.05 per kg in 3 lots

Metal for delivery in September traded higher by 95 paise or 0.77%

Metal for delivery in September edged higher by 25 paise, or 0.21%

Metal for delivery in September edged higher by 50 paise, or 0.42%

Pick-up in spot market demand also helped prices

Metal for delivery in July edged up by 85 paise or 0.85%

The metal for delivery in July edged up by 75 paise or 0.65%

Traders enlarged positions, taking positive cues from the global market and rising demand

Profit-booking by speculators amid sluggish demand also affected prices

Increase in domestic demand also helped prices

Traders trimmed their positions amid weak domestic demand, affecting prices