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 Support for the Lead is 131-.Resistance for the Lead is 135-137-
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 132.0 The Lead is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 134.9 with a stop at 131.8 Below 130.9 go for sell and put stop at 134
Intraday Resistance of LEAD are 134.6 : 136 : 138.7 : 141.2 : 144.7 : 148.2 : 150.8 : 153.3
Intraday Support of LEAD are 131.2 : 129.8 : 127.2 : 124.9 : 121.6 : 118.4 : 116.2 : 113.9
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