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 . Noting point is selling
at lower levels seems decreasing. The oscillator is on BUY Signal and Lead is
recovering from oversold level For short term Lead is in SELL position.Positionally Immediate
support for Lead is 111.Resistance for the Lead is 115-117-121-123-124-
Short term and Intraday Level of LEAD
Currently
Lead is in HOLD SHORT position Lead is showing some Up momentum So buy
above 113.0 with stop at 111.2 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 115.6 with a stop at 112.1 Below 111.1 go for sell and put stop at 114.6
Intraday Resistance of LEAD are 114.1/114.8/118.4/121.5/126.8/129.8/135.5/141.4
Intraday Support of LEAD are 112.6/111.9/108.2/105.3/100.5/97.8/93/88.2
Intraday Trend- Buy is advised only above 115.6 with a stop at 112.1 Below 111.1 go for sell and put stop at 114.6
Intraday Resistance of LEAD are 114.1/114.8/118.4/121.5/126.8/129.8/135.5/141.4
Intraday Support of LEAD are 112.6/111.9/108.2/105.3/100.5/97.8/93/88.2
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