Lead is in
long- 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 . In
last few days volume based selling happened in the Lead. The oscillator is
showing SELL signal For short term Lead is in SELL position.Positionally Support for the
Lead is 122-121-.Resistance for the Lead is 126-127-128-
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 125.0 The Lead is now trading is approaching oversold
level. The oscillator is on BUY Signal and Lead is recovering from oversold
level
Intraday Trend- Buy is advised only above 125.1 with a stop at 123 Below 122.4 go for sell and put stop at 124.5
Intraday Resistance of LEAD are 124.8/125.8/129.4/132.6/138.1/141.2/147.3/153.4
Intraday Support of LEAD are 122.7/121.7/118.7/115.7/110.6/107.8/102.7/97.7
Intraday Trend- Buy is advised only above 125.1 with a stop at 123 Below 122.4 go for sell and put stop at 124.5
Intraday Resistance of LEAD are 124.8/125.8/129.4/132.6/138.1/141.2/147.3/153.4
Intraday Support of LEAD are 122.7/121.7/118.7/115.7/110.6/107.8/102.7/97.7
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