Lead is bearish for medium-long term .Currently Lead is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Lead is in HOLD SHORTposition.Positionally Immediate support for Lead is 126.Resistance for the Lead is 131-132-133-135-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position Lead is in sideways and sellers was at high so for short term better buy above 130.7 or hold with stop at 126.75 The next resistance will be at 130.2 The Lead is now trading is approaching oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 130.7 with a stop at 128.6 Below 128 go for sell and put stop at 130.1
Intraday Resistance of LEAD are 130.3 : 131.1 : 135.1 : 137.5 : 141 : 144.5 : 147 : 149.5
Intraday Support of LEAD are 128.4 : 127.6 : 123.7 : 121.4 : 118.2 : 115.1 : 112.9 : 110.7
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Today Lead Sell on high.
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