Lead

Lead 6/22/2018 9:55:00 AM

Technical outlook

Lead daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend as the prices have already broken out the channel’s support slope line. The market is expected to continue on the bearish trend, once the same breaks below a key support holding at 161. The downside rally could test all the way through 159-157 levels in the upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test 163-165 levels. Key resistance holds at 165.


Research Report call:

Technical Chart:
Lead 6/21/2018 9:44:00 AM

Technical outlook

Lead daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend as the prices have already broken out the channel’s support slope line. The market is expected to continue on the bearish trend, once the same breaks below a key support holding at 162.50. The downside rally could test all the way through 160-157 levels in the upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test 165-168 levels. Key resistance holds at 168.


Research Report call:

Technical Chart:
Lead 6/20/2018 10:01:00 AM

Technical outlook

Lead daily chart has formed “Ascending broadening wedge” pattern. The last session ended up bearish in trend as the prices have broken out the channel’s support slope line. The market is expected to continue on the bearish trend, once the same breaks below a key support holding at 163. The downside rally could test all the way through 160-157 levels in the upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test 165-168 levels. Key resistance holds at 168.


Research Report call:

Technical Chart:
Lead 6/19/2018 9:05:00 AM

 

Technical outlook

Lead daily chart has formed “Ascending broadening wedge” in this pattern, prices pullback to close above support line 164.50. The last session ended up strongly bullish candle but yesterday prices have broken out the channel’s support slope line. The market is expected to continue on the bearish trend, once the same breaks below a key support holding at 163. The downside rally could test all the way through 160-157 levels in the upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test 165-168 levels. Key resistance holds at 168.


Research Report call:

Technical Chart:
Lead 6/18/2018 9:35:00 AM

Technical outlook

Lead daily chart has formed “Ascending broadening wedge” pattern along with a long-term “Right angled descending broadening wedge”. The last session ended up strongly bearish in trend as the prices have broken out the channel’s support slope line. The market is expected to continue on the bearish trend, once the same breaks below a key support holding at 163. The downside rally could test all the way through 160-157 levels in the upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test 165-168 levels. Key resistance holds at 168.


Research Report call:

Technical Chart:
Lead 6/15/2018 9:53:00 AM

Technical outlook

Lead hourly chart has formed “Falling wedge” pattern. The last session ended up retesting near the channel’s support slope line. The market is expected to continue on a bullish momentum, testing all the way through 167.50-168.50 levels in the upcoming sessions. Alternatively, if the market breaks below a key support holding at 166 and give close on hourly basis then it might turn to bearish once again. The downside rally could test 165-163 levels. Key resistance holds at 168.50.


Research Report call:

Technical Chart:
Lead 6/14/2018 9:42:00 AM

Technical outlook

Lead daily chart has formed “Ascending broadening wedge” pattern. The last session ended up retesting the channel’s support slope line. The market is expected to continue on the bullish trend, testing all the way through 169-171 levels in the upcoming sessions. Alternatively, if the market breaks below a key support holding at 166 then it might turn overall bearish once again. The downside rally could test 164-162 levels. Key resistance holds at 171.


Research Report call:

Technical Chart:
Lead 6/13/2018 10:08:00 AM

Technical outlook

Lead hourly chart has formed “Falling wedge” pattern. The last session ended up bearish in trend retesting the channel’s support slope line. The market is expected to continue on the bearish trend, once the same breaks below a key support holding at 166. The downside rally could test all the way through 164.50-163 levels in the upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test 168-170 levels. Key resistance holds at 170.


Research Report call:

Technical Chart:
Lead 6/12/2018 9:56:00 AM

Technical outlook

Lead daily chart has formed “Right angled descending broadening wedge” pattern. The last session ended up bullish in trend retesting an interim support slope line inside the channel. The market is expected to continue on a bullish momentum, testing all the way through 169-172 levels in the upcoming sessions. Alternatively, if the market breaks below a key support holding at 166 then it might turn bearish once again. The downside rally could test 165-163 levels. Key resistance holds at 172.


Research Report call:

Technical Chart:
Lead 6/11/2018 10:01:00 AM

Technical outlook

Lead daily chart has formed “Right angled descending broadening wedge” pattern. The last session ended up bearish in trend after retesting the channel’s resistance slope line. The market is expected to continue on a bearish momentum, once the same breaks below a key support holding at 165. The downside rally could test all the way through 163-160 levels in the upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test 168-171 levels. Key resistance holds at 171.


Research Report call:

Technical Chart:
Lead 6/8/2018 9:54:00 AM

Technical outlook

Lead daily chart has formed “Broadening top” pattern. The last few sessions ended up in consolidation inside the channel. The market is expected to continue on a bullish momentum, once the same breaks above a key resistance holding at 170. The upside rally could test all the way through 172-174 levels in the upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. Key support holds at 165.


Research Report call:

Technical Chart:
Lead 6/7/2018 9:45:00 AM

Technical outlook

Lead daily chart has formed “Broadening top” pattern. The last few sessions ended up consolidated but bullish in trend inside the channel. The market is expected to continue on a bullish momentum, testing all the way through 172-174 levels in the upcoming sessions. Alternatively, if the market breaks below a key support holding at 166 then it might turn to overall bearish once again. Key resistance holds at 174.


Research Report call:

Technical Chart:
Lead 6/6/2018 10:04:00 AM

Technical outlook

Lead daily chart has formed “Broadening top” pattern. The last few sessions ended up bullish in trend after a few consolidations inside the channel. The market is expected to continue on a bullish momentum, testing all the way through 171-173.50 levels in the upcoming sessions. Alternatively, if the market breaks below a key support holding at 166 then it might turn to overall bearish once again. Key resistance holds at 173.50.


Research Report call:

Technical Chart:
Lead 6/5/2018 9:45:00 AM

Technical outlook

Lead daily chart has formed “Megaphone” pattern. The last session ended up bullish in trend after a few consolidations inside the channel. The market is expected to continue on a bullish momentum, testing all the way through 170-172 levels in the upcoming sessions. Alternatively, if the market breaks below a key support holding at 164 then it might turn to overall bearish once again. Key resistance holds at 172.


Research Report call:

Technical Chart:
Lead 6/4/2018 9:35:00 AM

Technical outlook

Lead hourly chart has formed “Descending triangle” pattern. The last session ended up consolidated but bullish in trend, as the prices have broken out the channel’s resistance slope line. The market is expected to continue on a bullish momentum, once the same breaks above a key resistance holding at 166. The upside rally could test all the way through 168-170 levels in the upcoming sessions. Alternatively, if the resistance holds strong then the market might retest the same and turn bearish. The downside rally could test 165-163 levels. Key support holds at 163.


Research Report call:

Technical Chart:
Lead 6/1/2018 9:58:00 AM

Technical outlook

Lead hourly chart has formed “Ascending broadening wedge” pattern. The last session ended up consolidated but bullish in trend, retesting near the channel’s support slope line. The market is expected to continue to rally on bullish momentum, once the same breaks above a key resistance holding at 166. The upside rally could test all the way through 167-169 levels in the upcoming sessions. Alternatively, if the resistance holds strong then the market might retest the same and turn bearish. The downside rally could test 164-162 levels. Key resistance holds at 162.


Research Report call:

Technical Chart:
Lead 5/31/2018 10:09:00 AM

Technical outlook

Lead hourly chart has formed “Ascending broadening wedge” pattern. The last session ended up consolidated but retesting near the channel’s support slope line. The market is expected to continue to retest the same and turn bullish. The upside rally could test all the way through 166-168 levels in the upcoming sessions. Alternatively, if the market breaks below the key support holding at 163 then it might continue in bearish term. The downside rally could test 162-160 levels. Key resistance holds at 168.


Research Report call:

Technical Chart:
Lead 5/30/2018 8:35:00 AM

Technical outlook

Lead hourly chart has formed “Ascending broadening wedge” pattern. The last session ended up bearish in trend near the channel’s support slope line. The market is expected to retest the same and turn bullish. The upside rally could test all the way through 166-168 levels in the upcoming sessions. Alternatively, if the market breaks below the key support holding at 163.50 then it might continue in bearish term. The downside rally could test 162-160 levels. Key resistance holds at 168.


Research Report call:

Technical Chart:
Lead 5/29/2018 10:01:00 AM

Technical outlook

Lead hourly chart has formed “Ascending broadening wedge” pattern. The last session ended up bullish in trend after retesting the channel’s resistance slope line. The market is expected to continue on a bullish momentum, testing all the way through 166-168 levels in the upcoming sessions. Alternatively, if the market breaks below the key support holding at 162 then it might turn bearish once again. The downside rally could test 160-158 levels. Key resistance holds at 168.


Research Report call:

Technical Chart:
Lead 5/28/2018 9:33:00 AM

Technical outlook

Lead daily chart has formed “Broadening top” pattern. The last few sessions ended up bearish in trend after retesting the channel’s resistance slope line. The market is expected to continue on a bearish momentum, once the same breaks below a key support holding at 164. The downside rally could test all the way through 162-160 levels in the upcoming sessions. Alternatively, if the support holds strong then the market might retest the same and turn bullish once again. The upside rally could test 166-168 levels. Key resistance holds at 168.


Research Report call:

Technical Chart:
Lead 5/25/2018 9:43:00 AM

Technical outlook

Lead daily chart has formed “Broadening top” pattern. The last few sessions ended up strongly bullish in trend inside the channel. The market is expected to continue in bullish momentum, testing all the way through 171.50-173 levels in the upcoming sessions. Alternatively, if the market breaks below a key support holding at 168 then it might have a chance to turn bearish. Key resistance holds at 173.


Research Report call:

Technical Chart:
Lead 5/24/2018 9:51:00 AM

Technical outlook

Lead daily chart has formed “Broadening top” pattern. The last few sessions ended up strongly bullish in trend inside the channel. The market is expected to continue in bullish momentum, testing all the way through 170-173 levels in the upcoming sessions. Alternatively, if the market breaks below a key support holding at 165 then it might have a chance to turn bearish. Key resistance holds at 173.


Research Report call:

Technical Chart:
Lead 5/23/2018 10:21:00 AM

Technical outlook

Lead daily chart has formed “Rectangle chart” pattern. The last few sessions ended up strongly bullish in trend as the prices have already broken out the pattern itself. The market is expected to continue in bullish momentum, testing all the way through 170-172 levels in the upcoming sessions. Alternatively, if the market breaks below a key support holding at 165 then it might have a chance to turn bearish. Key resistance holds at 172.


Research Report call:

Technical Chart:
Lead 5/22/2018 9:51:00 AM

Technical outlook

Lead daily chart has formed “Rising channel” pattern along with a long-term “Rectangle chart” pattern. The last session ended up strongly bullish in trend after retesting the channel’s support slope line. The market is expected to continue in bullish momentum, once the same breaks above the key resistance holding at 165. The upside rally could test all the way through 166-168 levels in the upcoming sessions. Alternatively, if the resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test 163-161 levels. Key support holds at 161.


Research Report call:

Technical Chart:
Lead 5/21/2018 9:39:00 AM

Technical outlook

Lead daily chart has formed “Ascending broadening wedge” pattern along with a long-term “Rectangle chart” pattern. The last session ended up bearish in trend retesting the previous resistance which is support now at 158. The market is expected to continue in bearish momentum, once the same breaks below the key support. The downside rally could test all the way through 156-154 levels in the upcoming sessions. Alternatively, if the support holds strong then the market might retest the same and turn bullish. The upside rally could test 160-162 levels. Key resistance holds at 162.


Research Report call:

Technical Chart:
Lead 5/18/2018 9:39:00 AM

Technical outlook

Lead daily chart has formed “Rectangle chart” pattern. The last few sessions ended up bullish in trend as the prices have already broken out the pattern’s resistance line. The market is expected to continue in bullish momentum, once the same breaks above a key resistance holding at 161. The upside rally could test all the way through 163-165 levels in the upcoming sessions. Alternatively, if the resistance holds strong then the market might retest the same and turn bearish. The downside rally could test 159.50-158 levels. Previous resistance which has become support at 158.


Research Report call:

Technical Chart:
Lead 5/17/2018 9:27:00 AM

Technical outlook

Lead daily chart has formed “Rectangle chart” pattern. The last few sessions ended up bearish in trend as the prices have already broken out the pattern’s resistance line. The market is expected to retest the previous resistance which is now support at 158 and turn bullish. The upside rally could test all the way through 160-162 levels in the upcoming sessions. Alternatively, if the market breaks below the support then it might continue in bearish momentum. The downside rally could test 157-155 levels. Key resistance holds at 162.


Research Report call:

Technical Chart:
Lead 5/16/2018 9:47:00 AM

Technical outlook

Lead daily chart has formed “Falling wedge” pattern. The last session ended up consolidated as the prices have already broken out the channel’s resistance slope line. The market is expected to continue in bullish momentum, once the same breaks above a key resistance holding at 162.50. The upside rally could test all the way through 165-168 levels in the upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test 160-157 levels. Key support holds at 157.


Research Report call:

Technical Chart:
Lead 5/15/2018 9:46:00 AM

Technical outlook

Lead daily chart has formed “Falling wedge” pattern. The last session ended up bullish in trend as the prices have broken out the channel’s resistance slope line. The market is expected to continue in bullish momentum, testing all the way through 165-170-173 levels in the upcoming sessions. Alternatively, if the market breaks below a key support holding now at 157 then it might turn to overall bearish. Key resistance holds at 173.


Research Report call:

Technical Chart:
Lead 5/14/2018 9:56:00 AM

Technical outlook

Lead daily chart has formed “Bullish Rectangle chart” pattern. The last session ended up bullish in trend near the channel’s resistance slope line. The market is expected to continue in bullish momentum, once the same breaks above the key resistance holding at 159. The upside rally could test all the way through 160-162 levels in the upcoming sessions. Alternatively, if the resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test 157.50-155 levels. Key support holds at 155.


Research Report call:

Technical Chart:
Lead 5/11/2018 9:31:00 AM

Technical outlook

Lead daily chart has formed “Falling wedge” pattern. The last few sessions ended up consolidated retesting the channel’s resistance slope line. The market is expected to continue in bearish momentum, once the same breaks below the key support holding at 154. The downside rally could test all the way through 152-150 levels in the upcoming sessions. Alternatively, if the support holds strong then the market might retest the same and turn bullish once again. The upside rally could test 156-158 levels. Key resistance holds at 158.


Research Report call:

Technical Chart:
Lead 5/10/2018 9:54:00 AM

Technical outlook

Lead daily chart has formed “Falling wedge” pattern. The last session ended up consolidated retesting the channel’s resistance slope line. The market is expected to continue in bearish momentum, once the same breaks below the key support holding at 154. The downside rally could test all the way through 152-150 levels in the upcoming sessions. Alternatively, if the support holds strong then the market might retest the same and turn bullish once again. The upside rally could test 156-157.50 levels.


Research Report call:

Technical Chart:
Lead 5/9/2018 9:48:00 AM

Technical outlook

Lead daily chart has formed “Falling wedge” pattern. The last session ended up bearish in trend after retesting a key resistance holding at 157.50. The market is expected to continue in bearish momentum, once the same breaks below the key support holding at 154. The downside rally could test all the way through 152-150 levels in the upcoming sessions. Alternatively, if the support holds strong then the market might retest the same and turn bullish once again. The upside rally could test 156-157.50 levels.


Research Report call:

Technical Chart:
Lead 5/8/2018 9:55:00 AM

Technical outlook

Lead daily chart has formed “Falling wedge” pattern. The last few sessions ended up strongly bullish in trend as the prices have broken out the channel’s resistance slope line. The market is expected to continue in bullish momentum, once the same breaks above the key resistance holding at 158.50. The upside rally could test all the way through 162-165 levels in the upcoming sessions. Alternatively, if the resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test 156-154 levels. Key support holds at 154.


Research Report call:

Technical Chart:
Lead 5/7/2018 9:59:00 AM

Technical outlook

Lead daily chart has formed “Descending broadening wedge” pattern. The last session ended up strongly bullish in trend retesting near the channel’s resistance slope line. The market is expected to continue in bullish momentum, once the same breaks above the key resistance holding at 156.50. The upside rally could test all the way through 158-160 levels in the upcoming sessions. Alternatively, if the resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test 154-152 levels. Key support holds at 152.


Research Report call:

Technical Chart:
Lead 5/4/2018 9:42:00 AM

Technical outlook

Lead daily chart has formed “Descending broadening wedge” pattern. The last few sessions ended up bearish in trend retesting near the key support holding at 150.50. The market is expected to continue in bearish momentum, once the same breaks below the key support. The downside rally could test all the way through 149-147 levels in the upcoming sessions. Alternatively, if the support holds strong then the market might retest the same and turn bullish once again. The upside rally could test 153-155 levels. Key resistance holds at 155.


Research Report call:

Technical Chart:
Lead 5/3/2018 9:50:00 AM

Technical outlook

Lead daily chart has formed “Descending broadening wedge” pattern. The last few sessions ended up bearish in trend. The market is expected to continue in bearish momentum, once the same breaks below the key support holding at 151. The downside rally could test all the way through 149-147 levels in the upcoming sessions. Alternatively, if the support holds strong then the market might retest the same and turn bullish once again. The upside rally could test 153-155 levels. Key resistance holds at 155.


Research Report call:

Technical Chart:
Lead 5/2/2018 8:38:00 AM

Technical outlook

Lead daily chart has formed “Descending broadening wedge pattern”. In this pattern prices holing nearby resistance which is struggling to break above the trend line at 157, if break above then the  market is expected to continue in Bullish momentum towards reach upside 165-170 level.If doesn’t break above then the downside rally could test all the way through 152-150 levels in the upcoming sessions.


Research Report call:

Research call : Lead Rsie On sell around 156 Target 155-154 Stop loss at 157
Technical Chart:
Lead 4/30/2018 8:56:00 AM

 Technical outlook

Lead daily chart has formed “Rising wedge” pattern”. The last one month consolidated around support area which is the junction point of all the way to connecting point.

The market is expected to continue in Bullish momentum, once the same breaks above the key support holding at 157 then towards reach upside 165-170 level.If doesn’t break above then the downside rally could test all the way through 152-150 levels in the upcoming sessions.

Investor Strictly note long term support line not break below so that lead market taking consolidating further momentum  expected upside in next few session, then rally will start towards upside rally.


Research Report call:

Technical Chart:
Lead 4/27/2018 9:06:00 AM

 

Technical outlook

Lead daily chart has formed “Rising wedge” pattern”. The last one month consolidated around support area which is the junction point of all the way to connecting point.

The market is expected to continue in Bullish momentum, once the same breaks above the key support holding at 157.If doesn’t break above then the downside rally could test all the way through 152-150 levels in the upcoming sessions.

Strictly noted long term support line not break below so that lead market taking consolidating further momentum next few session, then rally will start towards upside rally.


Research Report call:

Technical Chart:
Lead 4/26/2018 10:13:00 AM

Technical outlook

Lead daily chart has formed “Rectangle chart” pattern. The last few sessions seems consolidated but ended up bullish in trend inside the channel. The market is expected to continue in bearish momentum, once the same breaks below the key support holding at 153. The downside rally could test all the way through 152-150 levels in the upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test 155-158 levels. Key resistance at holds 158.


Research Report call:

Technical Chart:
Lead 4/25/2018 9:56:00 AM

Technical outlook

Lead daily chart has formed “Megaphone chart” pattern. The last few sessions seems consolidated but bearish in trend near a key support holding at 153. The market is expected to continue in bearish momentum, once the same breaks below the key support. The downside rally could test all the way through 152-150 levels in the upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test 155-158 levels. Key resistance at holds 158.


Research Report call:

Technical Chart:
Lead 4/24/2018 9:43:00 AM

Technical outlook

Lead daily chart has formed “Rectangle chart” pattern. The last few sessions seems consolidated inside the channel. The market is expected to continue in bearish momentum, once the same breaks below the key support holding at 153.50. The downside rally could test all the way through 152-150 levels in the upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test 155-158 levels. Key resistance at holds 158.


Research Report call:

Technical Chart:
Lead 4/23/2018 8:43:00 AM

Technical outlook

Lead daily chart has formed “Ascending broadening wedge” pattern. The last session ended up consolidated near an interim resistance slope line inside the channel. The market is expected to continue in bullish momentum, once the same breaks above the key resistance holding at 156. The upside rally could test all the way through 160-165 levels in the upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. Major support at holds 150.


Research Report call:

Technical Chart:
Lead 4/20/2018 9:49:00 AM

Technical outlook

Lead daily chart has formed “Rising wedge” pattern. The last session ended up consolidated near an interim resistance slope line inside the channel. The market is expected to continue in bullish momentum, once the same breaks above the key resistance holding at 156.50. The upside rally could test all the way through 160-165 levels in the upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test 153-150 levels. Key support at holds 150.


Research Report call:

Technical Chart:
Lead 4/19/2018 9:40:00 AM

Technical outlook

Lead daily chart has formed “Falling wedge” pattern. The last session ended up strongly bullish in trend near the channel’s resistance slope line. The market is expected to continue in bullish momentum, once the same breaks above the key resistance holding at 157. The upside rally could test all the way through 160-165 levels in the upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. Key support at holds 150.


Research Report call:

Technical Chart:
Lead 4/18/2018 9:53:00 AM

Technical outlook

Lead daily chart has formed “Falling wedge” pattern. The last few sessions ended up bullish in trend after retesting the channel’s resistance slope line. The market is expected to continue in bullish momentum, once the same breaks above the key resistance holding at 155.50. The upside rally could test all the way through 156.50-158 levels in the upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test all the way through 153-150 levels. Key support at holds 150.


Research Report call:

Technical Chart:
Lead 4/17/2018 9:47:00 AM

Technical outlook

Lead daily chart has formed “Falling wedge” pattern. The last session ended up bullish in trend after retesting the channel’s resistance slope line. The market is expected to continue in bullish momentum, once the same breaks above the key resistance holding at 155.50. The upside rally could test all the way through 156.50-158 levels in the upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test all the way through 153-150 levels. Key support at holds 150.


Research Report call:

Technical Chart:
Lead 4/16/2018 9:45:00 AM

Technical outlook

Lead daily chart has formed “Falling wedge” pattern. The last few sessions been bearish in trend after retesting the channel’s resistance slope line. The market is expected to continue in bearish momentum, once the same breaks below the key support holding at 149. The downside rally could test all the way through 147.50-146 levels in the upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test all the way through 152-154 levels. Key resistance at holds 155.


Research Report call:

Technical Chart:
Lead 4/13/2018 9:46:00 AM

Technical outlook

Lead daily chart has formed “Descending triangle” pattern. The last session ended up bearish in trend retesting near the major support holding at 152. The market is expected to retest the support once again and turn bullish. The upside rally could test all the way through 154-156 levels in the upcoming sessions. Alternatively, if the market breaks below the support then it might continue in bearish momentum. The downside rally could test all the way through 150-148 levels. Key resistance at holds 156.


Research Report call:

Technical Chart:
Lead 4/12/2018 9:52:00 AM

Technical outlook

Lead daily chart has formed “Bearish pennant chart” pattern. The last session been bullish in trend as predicted on yesterday’s report. The market is expected to continue in bullish momentum, once the same breaks above the channel’s resistance holding at 157. The upside rally could test all the way through 158-160 levels in the upcoming sessions. Alternatively, if the resistance holds strong then the market might retest the same and turn bearish. The downside rally could test all the way through 155-154 levels. Key support at holds 154.


Research Report call:

Technical Chart:
Lead 4/11/2018 9:56:00 AM

Technical outlook

Lead daily chart has formed “Symmetrical triangle” pattern. The last session has formed an “Inverse hammer” candlestick pattern which could be read as a trend reversal one. The market is expected to continue in bullish momentum, once the same breaks above a key resistance holding at 156. The upside rally could test all the way through 158-160 levels in the upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test all the way through 154-153 levels. Key support at holds 153.


Research Report call:

Technical Chart:
Lead 4/10/2018 9:43:00 AM

Technical outlook

Lead daily chart has formed “Symmetrical triangle” pattern. The last session has formed an “Inverse hammer” candlestick pattern which could be read as a trend reversal one. The market is expected to continue in bullish momentum, once the same breaks above a key resistance holding at 157. The upside rally could test all the way through 158-160 levels in the upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test all the way through 154-153 levels. Key support at holds 153.


Research Report call:

Lead buy above 155.60-155.10 Target 156.70 -157.70 stop loss at 154.5
Technical Chart:
Lead 4/9/2018 9:54:00 AM

Technical outlook

Lead daily chart has formed “Symmetrical triangle” pattern. The last few sessions been bullish in trend after retesting the channel’s support slope line. The market is expected to continue in bullish momentum, once the same breaks above a key resistance holding at 157. The upside rally could test all the way through 158-160 levels in the upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test all the way through 155-153 levels. Key support at holds 153.


Research Report call:

Technical Chart:
Lead 4/6/2018 9:51:00 AM

Technical outlook

Lead hourly chart has formed “Falling wedge” pattern. The last session ended up retesting near the channel’s resistance slope line. The market is expected to continue in bullish momentum, once the same breaks above a key resistance holding at 155.75. The upside rally could extend all the way through 156.50-157.50 levels in the upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test 154.50-153.50 levels. Key support holds at 153.50.


Research Report call:

Technical Chart:
Lead 4/5/2018 9:52:00 AM

Technical outlook

Lead daily chart has formed “Symmetrical triangle” pattern. The last few sessions been bearish in trend after retesting the channel’s resistance slope line. The market is expected to continue in bearish momentum, testing all the way through 154-153 levels in the upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 157 then it might turn bullish. Key support at 153.


Research Report call:

Technical Chart:
Lead 4/4/2018 10:02:00 AM

Technical outlook

Lead 4hr chart has formed “Symmetrical triangle” pattern. The last session ended up retesting the channel’s resistance slope line as the prices have already broken out the same. The market is expected to continue in bullish momentum, once the same breaks above a key resistance holding at 158. The upside rally could test all the way through 159-160 levels in the upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test 156-155 levels. Previous resistance becomes support at 155.


Research Report call:

Technical Chart:
Lead 4/3/2018 9:48:00 AM

Technical outlook

Lead daily chart has formed “Descending broadening wedge” pattern. The last session has formed a “Hammer” candlestick pattern which could be read as a trend reversal one. The market is expected to continue in bearish momentum by retesting a key resistance holding at 158. The downside rally could test all the way through 156.50-155 levels in the upcoming sessions. Alternatively, if the market breaks above the key resistance then it might turn bullish once again. The upside rally could test 159-160 levels. Key support holds at 155.


Research Report call:

Technical Chart:
Lead 4/2/2018 9:26:00 AM

Technical outlook

Lead daily chart has formed “Falling wedge” pattern. The last session ended up bearish in trend after retesting a key resistance holding at 158. The market is expected to continue in bearish momentum, testing all the way through 156.50-155 levels in the upcoming sessions. Alternatively, if the market breaks above the key resistance then it might turn bullish once again. The upside rally could test 159-160 levels. Key support holds at 155.


Research Report call:

Technical Chart:
Lead 3/28/2018 9:37:00 AM

Technical outlook

Lead hourly chart has formed “Rising channel” pattern along with the “Descending triangle”. The last session ended up consolidated near the triangle’s resistance slope line. The market is expected to continue in bullish momentum, once the same breaks above the key resistance holding at 157. The upside rally could test all the way through 158.50-160 levels in the upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test 155-153 levels. Key support holds at 153.


Research Report call:

Technical Chart: