Lead is in long- short-medium- short- term bull phase .Currently Lead is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Lead is 130-129-.Resistance for the Lead is 134-136-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position In short term Lead is in strong up trend so hold with stop at 133 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 above 133.8 with a stop at 131.5 Below 130.9 go for sell with stop at 133.2
Intraday Resistance of LEAD are 133.5 : 134.5 : 138.2 : 140.6 : 144.1 : 147.6 : 150.2 : 152.7
Intraday Support of LEAD are 131.2 : 130.2 : 126.7 : 124.3 : 121.1 : 117.9 : 115.7 : 113.4
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