Lead is bearish for medium-long term .Currently Lead is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Lead is in HOLD SHORT position.Positionally Support for the Lead is 130-128-.Resistance for the Lead is 135-
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 133.4 or hold with stop at 126.75 The next resistance will be at 131.9 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 133.4 with a stop at 130.7 Below 130 go for sell and put stop at 132.7
Intraday Resistance of LEAD are 133.1 : 134.3 : 137.5 : 140 : 143.4 : 146.9 : 149.5 : 152
Intraday Support of LEAD are 130.3 : 129.1 : 126 : 123.7 : 120.5 : 117.3 : 115 : 112.8
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LEAD (31 DEC) TREND: CONSOLIDATE
ReplyDeleteRES 1: 133
RES 2: 134.50
SUPP 1: 129.50
SUPP 2: 130.50
STRATEGY: BUY ON DIPS STOCK FUTURE TIPS