Lead is in long- term bull phase .Currently Lead is in
strong downtrend with good momentum and the trend is supported with good volume
The open interest is not increasing with trend . In last few days volume based
selling happened in the Lead. The oscillator is showing SELL signal For short
term Lead is in SELL position.Positionally Support for the
Lead is 124-.Resistance for the Lead is 127-129-130-
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 128.0 The Lead is now trading in highly oversold level.
The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 126.5 with a stop at 123.7 Below 123 go for sell
Intraday Resistance of LEAD are 125.5/126.3/127.6/131/134.2/139.8/143/149/155.2
Intraday Support of LEAD are 124/123.2/121.9/120.3/117.2/112.1/109.3/104.2/99.1
Intraday Trend- Buy is advised above 126.5 with a stop at 123.7 Below 123 go for sell
Intraday Resistance of LEAD are 125.5/126.3/127.6/131/134.2/139.8/143/149/155.2
Intraday Support of LEAD are 124/123.2/121.9/120.3/117.2/112.1/109.3/104.2/99.1
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