Monday, 21 January 2013

LEAD TREND FOR TODAY-22-JAN-2013


Lead is in long- term bull phase .Currently Lead is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Lead. The Lead is now trading in oversold level. The Lead is now trading in oversold level. 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-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position Lead is moving sideways so short term investor better to buy only above 125.55 with stop at 122.25 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 124.5 with a stop at 122.4 Below 121.8 go for sell
Intraday Resistance of LEAD are 123.6/124/128.8/132/137.5/140.6/146.6/152.7
Intraday Support of LEAD are 122.7/122.3/118.1/115.1/110/107.3/102.2/97.2

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1 comments :

  1. Very nice and helpful information has been given in this article. I like the way you explain the things. Keep posting. Thanks.. Stock Tips | Free Stock Tips

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