Lead is bearish for medium-long term .Currently Lead is moving sideways
The oscillator is showing BUY signal .In last 1 month volatality is very less
and fresh Buy can be considered in the Lead if it close above114 or buy with
strict stop at 106. The oscillator is showing BUY signal For short term Lead is
in HOLD LONG position.Positionally
Support for the Lead is 109-.Resistance for the Lead is 112-115-120-122-
Short
term and Intraday Level of LEAD
Currently
Lead is in HOLD LONG position Lead is in profit booking mode so hold
with stop at 109 The Lead is now trading is approaching overbought level. The
oscillator is on SELL signal and Lead is coming down from overbought level
Intraday Trend- Buy is advised only above 111.2 with a stop at 108.8 Below 108.1 go for sell and put stop at 110.5
Intraday Resistance of LEAD are 110/110.3/114.8/117.8/123/125.9/131.6/137.4
Intraday Support of LEAD are 109.3/109/104.7/101.9/97.1/94.5/89.7/85
Intraday Trend- Buy is advised only above 111.2 with a stop at 108.8 Below 108.1 go for sell and put stop at 110.5
Intraday Resistance of LEAD are 110/110.3/114.8/117.8/123/125.9/131.6/137.4
Intraday Support of LEAD are 109.3/109/104.7/101.9/97.1/94.5/89.7/85
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