Lead:-
Trend of the
Lead is bearish for medium-long term .Currently Lead is in strong downtrend
with good momentum but volume is unsatisfactory 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
sell position. Support for the Lead is 139.Resistance for the Lead is 148.
Currently Lead is in hold short position Lead has formed a new 5 day low
yesterday but failed to keep the trend so if selling has to considered better
below139.9 Buy if above 149.45 The Lead is now trading in highly oversold
level. The oscillator is showing SELL signal.
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