Monday, 8 April 2013

LEAD TREND FOR TODAY-09-April-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 . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Lead is in SELL position.Positionally Immediate support for Lead is 111.Resistance for the Lead is 113-115-117-121-123-124-

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 114.9 with stop at 110.7 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 114.4 with a stop at 110.9 Below 109.9 go for sell
Intraday Resistance of LEAD are 112.8/113.3/117.4/120.5/125.8/128.8/134.5/140.4
Intraday Support of LEAD are 111.5/111/107.3/104.4/99.6/97/92.1/87.4

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