Monday, 18 February 2013

LEAD TREND FOR TODAY-19-FEB-2013


Lead is in long- medium- short-medium- term bull phase .Currently Lead is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is on SELL signal and Lead is coming down from overbought level For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 128-127-125-124-. Immediate resistance for Lead is 134

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 132.65 with stop at 129.1 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 131.6 with a stop at 128.6 Below 127.8 go for sell
Intraday Resistance of LEAD are 130.4/131.2/132.6/136/139.3/145/148.2/154.3/160.6
Intraday Support of LEAD are 128.9/128.1/126.7/125.1/121.9/116.7/113.9/108.6/103.5


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