Lead is bearish for medium-long term .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 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 Immediate
support for Lead is 119.Resistance for the Lead is 123-124-126-127-128-
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 121.0 The Lead is now trading in highly oversold level.
The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 121.3 with a stop at 119.3 Below 118.8 go for sell
Intraday Resistance of LEAD are 121.1/122/125.5/128.6/134.1/137.2/143.1/149.1
Intraday Support of LEAD are 119/118.1/114.9/112/107/104.3/99.2/94.3
Intraday Trend- Buy is advised above 121.3 with a stop at 119.3 Below 118.8 go for sell
Intraday Resistance of LEAD are 121.1/122/125.5/128.6/134.1/137.2/143.1/149.1
Intraday Support of LEAD are 119/118.1/114.9/112/107/104.3/99.2/94.3
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