In 1 hour chart Lead price continues to trade at 156.6 and above the (Exponential Moving Average)EMA200 value of 153.954 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our Buy overview conditioned by the price stability above
However, if Lead continues to trade above level, that could be an extraordinarily Bullish sign for Lead
Even so, the 200-candle Exponential moving average (EMA) price range of 153.954 is proving a tough nut to crack.
Pivot (invalidation): 156.55