Lead is in long- medium- term bull phase .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 BUY signal For short term Lead is in SELLposition.Positionally Support for the Lead is 132-.Resistance for the Lead is 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 in highly oversold level. The oscillator is showing BUY signal
Intraday Trend– Buy is advised above 135.8 with a stop at 132.5 Below 131.6 go for sell with stop at 134.9
Intraday Resistance of LEAD are 135.5 : 137 : 139.5 : 142 : 145.5 : 149.1 : 151.6 : 154.2
Intraday Support of LEAD are 131.9 : 130.4 : 128 : 125.6 : 122.4 : 119.2 : 116.9 : 114.7
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