Lead is bearish for medium-long term.Currently Lead is showing some down move and trend is strong momentum is also showing strength but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Lead is in SELL position.Positionally Immediate support for Lead is 131.Resistance for the Lead is 134-136-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position Lead has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below130.5 Buy if above 135.7 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 134.4 with a stop at 131.4 Below 130.5 go for sell
Intraday Resistance of LEAD are 133.9 : 135.1 : 138.3 : 140.7 : 144.2 : 147.7 : 150.3 : 152.8
Intraday Support of LEAD are 131 : 129.8 : 126.8 : 124.4 : 121.2 : 118 : 115.7 : 113.5
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