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 HOLD SHORT position.Positionally Immediate support for Lead is 126.Resistance for the Lead is 130-132-134-
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 129.0 The Lead is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 129.1 with a stop at 127.3 Below 126.9 go for sell
Intraday Resistance of LEAD are 128.9 : 129.6 : 133.7 : 136.1 : 139.6 : 143 : 145.5 : 148.1
Intraday Support of LEAD are 127.1 : 126.4 : 122.4 : 120.1 : 116.9 : 113.8 : 111.6 : 109.4
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