The downtrend in the lead futures contract on the MCX is intact. The contract has been falling continuously over the last three weeks. It tumbled about 5 per cent in the past week, which dragged the contract well below a key support level of ₹135 a kg. It is currently trading near ₹133.25. The near-term view is bearish. However, a crucial support is at ₹130, which can be tested in the coming da...