Lead is bearish
for medium-long term .Currently Lead is in strong 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
SHORT position.Positionally Immediate
support for Lead is 125.Resistance for the Lead is 130-133-134-137-
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 below124.6 Buy
if above 133.0 The Lead is now trading in highly oversold level. The oscillator
is showing BUY signal
Intraday Trend- Buy is advised above 127.4 with a stop at 125.2 Below 124.6 go for sell
Intraday Resistance of LEAD are 127 : 127.9 : 131.7 : 134.1 : 137.5 : 140.9 : 143.4 : 145.9
Intraday Support of LEAD are 125 : 124.1 : 120.5 : 118.2 : 115 : 111.9 : 109.7 : 107.6
Intraday Trend- Buy is advised above 127.4 with a stop at 125.2 Below 124.6 go for sell
Intraday Resistance of LEAD are 127 : 127.9 : 131.7 : 134.1 : 137.5 : 140.9 : 143.4 : 145.9
Intraday Support of LEAD are 125 : 124.1 : 120.5 : 118.2 : 115 : 111.9 : 109.7 : 107.6
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