Lead is in long- medium- short-medium- short- term bull phase .Currently Lead is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Lead is now trading in overbought level. The Lead is now trading in overbought level. The oscillator is showing SELL signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 133-132-131-. Immediate resistance for Lead is 138
Short term and Intraday Level of LEAD
Currently Lead is in SELL position Lead is in sideways so for short term better buy above 136.5 with stop at 132.25 The Lead is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 136.5 with a stop at 133.7 Below 133 go for sell and put stop at 135.8
Intraday Resistance of LEAD are 136.2 : 137.5 : 140.6 : 143.1 : 146.6 : 150.2 : 152.7 : 155.3
Intraday Support of LEAD are 133.3 : 132 : 129 : 126.7 : 123.4 : 120.2 : 117.9 : 115.7
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