Lead is in
long- term bull phase .Currently Lead is in strong downtrend with good momentum
but volume is unsatisfactory The open interest is not increasing with trend .
Noting point is selling at lower levels seems decreasing. The oscillator is
showing SELL signal For short term Lead is in SELL position.Positionally Support for the
Lead is 121-.Resistance for the Lead is 126-127-128-
Short term and Intraday Level of LEAD
Currently
Lead is in HOLD SHORT position The Lead is in downtrend For short term
buy only if close above 126.0 The Lead is now trading in highly oversold level.
The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 125.4 with a stop at 123.3 Below 122.8 go for sell
Intraday Resistance of LEAD are 125.2/126.1/129.8/133/138.6/141.7/147.7/153.9
Intraday Support of LEAD are 123/122.1/119.1/116.1/111/108.2/103.1/98.1
Intraday Trend- Buy is advised above 125.4 with a stop at 123.3 Below 122.8 go for sell
Intraday Resistance of LEAD are 125.2/126.1/129.8/133/138.6/141.7/147.7/153.9
Intraday Support of LEAD are 123/122.1/119.1/116.1/111/108.2/103.1/98.1
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