Lead is bearish for medium-long term .Currently Lead is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend .. The Goldm is now trading in overbought level. The oscillator is showing BUY signal For short term Lead is inSELL position.Positionally Immediate support for Lead is 126.Resistance for the Lead is 131-132-133-134-135-
Short term and Intraday Level of LEAD
Currently Lead is in SELL position The Lead is in downtrend For short term buy only if close above 129.0 The Lead is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 129.1 with a stop at 127.5 Below 127.2 go for sell
Intraday Resistance of LEAD are 128.7 : 129.2 : 133.9 : 136.3 : 139.7 : 143.2 : 145.7 : 148.2
Intraday Support of LEAD are 127.6 : 127.1 : 122.6 : 120.3 : 117.1 : 113.9 : 111.7 : 109.5
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ReplyDeleteCopper advises selling today. Accordingly copper sold around Rs 451.5 and target Rs 445 to 439 But if the price would go up to Rs 457, then cut the loss to get out of the deal.
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