Lead is in
long- term bull phase .Currently Lead is in strong downtrend but volume is
unsatisfactory The open interest is not increasing with trend . In last few
days volume based selling happened in the Lead Noting point is selling at lower
levels seems decreasing. The Lead is now trading in oversold level. The Lead is
now trading in oversold level. The oscillator is showing SELL signal For short
term Lead is in SELL position.Positionally Support for the
Lead is 122-121-.Resistance for the Lead is 126-127-
Short term and Intraday Level of LEAD
Currently
Lead is in HOLD SHORT position Lead is in sideways so for short term
better buy above 125.55 with stop at 122.25 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 125.3 with a stop at 123.1 Below 122.6 go for sell and put stop at 124.7
Intraday Resistance of LEAD are 124.1/124.3/129.2/132.4/138/141.1/147.1/153.2
Intraday Support of LEAD are 123.7/123.5/118.5/115.5/110.5/107.7/102.6/97.6
Intraday Trend- Buy is advised only above 125.3 with a stop at 123.1 Below 122.6 go for sell and put stop at 124.7
Intraday Resistance of LEAD are 124.1/124.3/129.2/132.4/138/141.1/147.1/153.2
Intraday Support of LEAD are 123.7/123.5/118.5/115.5/110.5/107.7/102.6/97.6
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