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 .. The Goldm is now trading in overbought level. The oscillator is showing SELL signal For short term Lead is inHOLD SHORT position.Positionally Immediate support for Lead is 126.Resistance for the Lead is 132-133-134-135-
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 130.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 131.3 with a stop at 128.7 Below 128 go for sell and put stop at 130.6
Intraday Resistance of LEAD are 130.7 : 131.6 : 135.4 : 137.8 : 141.3 : 144.8 : 147.3 : 149.8
Intraday Support of LEAD are 128.6 : 127.7 : 124 : 121.7 : 118.5 : 115.4 : 113.1 : 110.9
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