Technical Analysis For Lead Today 12-07-2019 15:00:04

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In 1 hour chart Lead price continues to trade at 156.35 and above the (Exponential Moving Average)EMA200 value of 154.067 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 154.067 is proving a tough nut to crack.

Pivot (invalidation): 156.55

Our preference: Long positions above 157.8

Alternative scenario: Below 155.15 look for further downside.

Support Resistance Levels For Lead Today at 12-07-2019 15:00:04

Pivot: 156.55

Resistance 1: 157.8

Resistance 2: 159.2

Resistance 3: 160.45

Support 1: 155.15

Support 2: 153.9

Support 3: 152.5

Yesterday High Low Close For Lead

Yesterday High: 157.95

Yesterday Low: 155.3

Yesterday Close: 156.4

Today at 12-07-2019 15:00:04 Lead trading at 156.35 with high of 157.3 and low of 156.2

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