Thursday, 21 March 2013

LEAD TREND FOR TODAY-22-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 Lead is now trading in oversold level. The Lead is now trading in oversold level. The oscillator is showing SELL signal For short term Lead is in HOLD SHORT position.Positionally Immediate support for Lead is 116.Resistance for the Lead is 119-120-122-126-127-

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 119.8 with stop at 116.4 The Lead is now trading is approaching oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 119.3 with a stop at 116.4 Below 115.6 go for sell
Intraday Resistance of LEAD are 118.5/119.4/123.2/126.3/131.7/134.8/140.7/146.6
Intraday Support of LEAD are 116.4/115.5/112.8/109.8/104.9/102.2/97.2/92.3

To Get Free Tips:
9770670009, 0731-3299704

0 comments :

Post a Comment