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 . 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 HOLD SHORT position.Positionally Immediate support for Lead is 125.Resistance for the Lead is 130-131-133-137-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position Lead is in sideways and sellers was at high so for short term better buy above 130.1 or hold with stop at 125.7 The next resistance will be at 131.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 130.1 with a stop at 126.7 Below 125.7 go for sell and put stop at 129.1
Intraday Resistance of LEAD are 129 : 130 : 133.6 : 136 : 139.5 : 142.9 : 145.4 : 147.9
Intraday Support of LEAD are 126.8 : 125.8 : 122.3 : 120 : 116.8 : 113.7 : 111.5 : 109.3
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