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 showing SELL signal For short term Lead is in SELL position.Positionally Immediate support for Lead is 128.Resistance for the Lead is 133-134-135-137-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position Lead is in sideways so for short term better buy above 131.3 with stop at 129.35 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 129.4 Below 128.9 go for sell and put stop at 130.8
Intraday Resistance of LEAD are 131 : 131.8 : 135.9 : 138.3 : 141.8 : 145.2 : 147.8 : 150.3
Intraday Support of LEAD are 129.2 : 128.4 : 124.5 : 122.1 : 118.9 : 115.8 : 113.6 : 111.3
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