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 Support for the
Lead is 113-.Resistance for the Lead is 117-121-123-124-
Short term and Intraday Level of LEAD
Currently
Lead is in HOLD LONG position Lead has crossed the high but the trend
was not strong and sellers was at high so for short term better buy above 114.8
with stop at 111.2 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 114.8 with a stop at 113 Below 112.5 go for sell and put stop at 114.3
Intraday Resistance of LEAD are 114.6/115.4/118.9/122/127.3/130.3/136.1/142
Intraday Support of LEAD are 112.7/111.9/108.7/105.8/100.9/98.3/93.4/88.6
Intraday Trend- Buy is advised only above 114.8 with a stop at 113 Below 112.5 go for sell and put stop at 114.3
Intraday Resistance of LEAD are 114.6/115.4/118.9/122/127.3/130.3/136.1/142
Intraday Support of LEAD are 112.7/111.9/108.7/105.8/100.9/98.3/93.4/88.6
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