Lead is bearish for medium-long term .Currently Lead is
in strong downtrend with good momentum but volume is unsatisfactory The open
interest is not increasing with trend .. The Lead is now trading in oversold
level. The Goldm is now trading in overbought level. The oscillator is showing
BUY signal For short term Lead is in HOLD SHORT position.Positionally Immediate support for Lead
is 116.Resistance for the Lead is 120-122-126-127-
Short
term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position Lead is showing some Up momentum So buy above
119.0 with stop at 116.4 The Lead is now trading is approaching oversold level.
The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 120.1 with a stop at 117.1 Below 116.3 go for sell and put stop at 119.3
Intraday Resistance of LEAD are 118.9/119.5/123.3/126.4/131.8/134.8/140.7/146.7
Intraday Support of LEAD are 117.5/116.9/112.8/109.9/104.9/102.3/97.3/92.4
Intraday Trend- Buy is advised only above 120.1 with a stop at 117.1 Below 116.3 go for sell and put stop at 119.3
Intraday Resistance of LEAD are 118.9/119.5/123.3/126.4/131.8/134.8/140.7/146.7
Intraday Support of LEAD are 117.5/116.9/112.8/109.9/104.9/102.3/97.3/92.4
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