Lead is bearish for medium-long term .Currently Lead is in downtrend but
volume is unsatisfactory The open interest is not increasing with trend .
Noting point is selling at lower levels seems decreasing. The Lead is now
trading in oversold level. The Lead is now trading in oversold level. The
oscillator is showing BUY signal For short term Lead is in HOLD LONG position.Positionally
Immediate support for Lead is 110.Resistance for the Lead is
112-113-116-120-122-124-
Short
term and Intraday Level of LEAD
Currently
Lead is in HOLD
SHORT position
Lead has formed a new 5 day low yesterday but failed to keep the trend so if
selling has to considered better below110 Buy if above 114.65 The oscillator is
showing SELL signal
Intraday Trend- Buy is advised above 112.1 with a stop at 110.4 Below 110 go for sell
Intraday Resistance of LEAD are 111.9/112.6/116.2/119.3/124.5/127.5/133.2/139
Intraday Support of LEAD are 110.2/109.5/106.1/103.2/98.5/95.9/91/86.3
Intraday Trend- Buy is advised above 112.1 with a stop at 110.4 Below 110 go for sell
Intraday Resistance of LEAD are 111.9/112.6/116.2/119.3/124.5/127.5/133.2/139
Intraday Support of LEAD are 110.2/109.5/106.1/103.2/98.5/95.9/91/86.3
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