Archive · 23 Jul 2025
Lead Futures: Likely to Rebound Based on Current Analysis
Lead futures, or the price of lead to be bought and sold in the future, are expected to increase.
They're currently trading at ₹179.25 per kilogram.
The price has found support, meaning it's likely to go up.
Positive signs like a morning star pattern and rising channel suggest a price increase to ₹182.80-183.
However, if the price falls below ₹178, it could drop further.
The recommendation is to buy lead futures at the current price, with a stop-loss to manage risks.
Lead futures are trading at ₹179.25/kg.
Lead futures found support at ₹178, higher than the previous ₹176.
A morning star candlestick pattern and a rising channel indicate bullish trends.
The expected price rise is to the ₹182.80-183 price range.
A breach of ₹178 support could lead to a decline to ₹176 and ₹174.
- Who
- Investors or traders interested in lead futures.
- What
- Lead futures are expected to increase in price.
- When
- The analysis is for the current week (published July 23, 2025).
- Where
- The trading and analysis of lead futures.
- Why
- Due to the support level found and bullish chart patterns.
Bearish Perspective
Bullish Perspective
Price Direction
Bearish Perspective
Breaching the support at ₹178 could lead to a decline.
Bullish Perspective
The price action suggests a bullish tilt in lead futures.
- Current Price
- ₹179.25/kg
- Support Level
- ₹178
- Expected Price Range
- ₹182.80-183
- Nearest Resistance
- ₹184
- Stop-loss
- ₹177.50 (suggested)
- Profit booking
- ₹182.80 (suggested)