Tuesday 26 February 2013

LEAD TREND FOR TODAY-27-FEB-2013


Lead is bearish for medium-long term .Currently Lead is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Lead is in SELL position.Positionally Immediate support for Lead is 123.Resistance for the Lead is 128-129-

Short term and Intraday Level of LEAD

Currently Lead is in HOLD SHORT position Lead is in sideways so for short term better buy above 126.8 with stop at 123.2 The Lead is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 126.8 with a stop at 124 Below 123.3 go for sell and put stop at 126.1
Intraday Resistance of LEAD are 126.2/127.1/129.9/133.1/138.7/141.8/147.8/154
Intraday Support of LEAD are 123.9/123/119.2/116.2/111.1/108.3/103.2/98.2

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