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 showing BUY signal For short term Lead is in HOLD SHORT position.Positionally Immediate support for Lead is 125.Resistance for the Lead is 129-130-131-133-137-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position In short term Lead is in strong up trend so hold with stop at 127 The Lead is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 128.7 with a stop at 125.3 Below 124.4 go for sell with stop at 127.8
Intraday Resistance of LEAD are 127.5 : 128.5 : 130.1 : 132.2 : 134.6 : 138 : 141.5 : 144 : 146.5
Intraday Support of LEAD are 125.6 : 124.6 : 123 : 121 : 118.7 : 115.6 : 112.4 : 110.2 : 108.1
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