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 .. The oscillator is showing SELL signal For short term Lead is in SELL position.Positionally Immediate support for Lead is 127.Resistance for the Lead is 133-134-135-136-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position The Lead is in downtrend For short term buy only if close above 131.0 The Lead is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 131.3 with a stop at 128.8 Below 128.2 go for sell and put stop at 130.7
Intraday Resistance of LEAD are 131.1 : 132.1 : 135.5 : 137.9 : 141.4 : 144.9 : 147.4 : 149.9
Intraday Support of LEAD are 128.4 : 127.4 : 124.1 : 121.8 : 118.6 : 115.5 : 113.2 : 111
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