Sunday, 24 February 2013

LEAD TREND FOR TODAY-25-FEB-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 oscillator is showing SELL signal For short term Lead is in SELLposition.Positionally Support for the Lead is 124-.Resistance for the Lead is 127-129-130-

Short term and Intraday Level of LEAD

Currently Lead is in HOLD SHORT position The Lead is in downtrend For short term buy only if close above 127.0 The Lead is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 126.9 with a stop at 124.1 Below 123.3 go for sell and put stop at 126.1
Intraday Resistance of LEAD are 125.4/125.6/130.4/133.6/139.2/142.3/148.4/154.5
Intraday Support of LEAD are 124.8/124.6/119.7/116.6/111.6/108.8/103.6/98.6

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1 comments :

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