Tuesday, 22 January 2013

LEAD TREND FOR TODAY-23-JAN-2013


Lead is in long- term bull phase .Currently Lead is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The Lead is now trading in oversold level. The Lead is now trading in oversold level. The oscillator is showing BUY signal For short term Lead is in SELLposition.Positionally Support for the Lead is 122-121-.Resistance for the Lead is 127-

Short term and Intraday Level of LEAD

Currently Lead is in HOLD LONG position In short term Lead is in strong up trend so hold with stop at 123 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 126.4 with a stop at 124.2 Below 123.6 go for sell with a stop at 125.8
Intraday Resistance of LEAD are 126.1/127/129.9/133.1/138.6/141.8/147.8/153.9
Intraday Support of LEAD are 123.9/123/119.2/116.1/111.1/108.3/103.2/98.1


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