Lead is bearish for medium-long term .Currently Lead is in strong
downtrend 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 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 SELL signal For short term Lead is in SELLposition.Positionally
Immediate support for Lead is 127.Resistance for the Lead is 132-135-139-141-
Short term
and Intraday Level of LEAD
Currently Lead is in SELL position
Lead has formed a new 5 day low yesterday but failed to keep the trend so if
selling has to considered better below127.1 Buy if above 135.7 The Lead is now
trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 129.9 with a stop at 127.7 Below 127.1 go for sell
Intraday Resistance of LEAD are 129.7 : 130.6 : 134.2 : 136.7 : 140.1 : 143.6 : 146.1 : 148.6
Intraday Support of LEAD are 127.3 : 126.4 : 122.9 : 120.6 : 117.4 : 114.3 : 112.1 : 109.9
Intraday Trend- Buy is advised above 129.9 with a stop at 127.7 Below 127.1 go for sell
Intraday Resistance of LEAD are 129.7 : 130.6 : 134.2 : 136.7 : 140.1 : 143.6 : 146.1 : 148.6
Intraday Support of LEAD are 127.3 : 126.4 : 122.9 : 120.6 : 117.4 : 114.3 : 112.1 : 109.9
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