Friday, 1 March 2013

LEAD TREND FOR TODAY-02-March-2013


Lead is bearish for medium-long term .Currently Lead is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Lead is in SELLposition.Positionally Immediate support for Lead is 122.Resistance for the Lead is 126-128-129-

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 125.65 or hold with stop at 122.3 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 125.6 with a stop at 123.4 Below 122.9 go for sell
Intraday Resistance of LEAD are 125.5/126.6/129.1/132.3/137.8/141/147/153.1
Intraday Support of LEAD are 123/121.9/118.4/115.4/110.4/107.6/102.5/97.5

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