Thursday, 25 April 2013

LEAD TREND FOR TODAY-26-April-2013


Lead is bearish for medium-long term .Currently Lead is moving sideways The oscillator is showing BUY signal but has moved past its recent high. The oscillator is showing BUY signal For short term Lead is in HOLD SHORT position.Positionally Support for the Lead is 111-110-109-.Resistance for the Lead is 116-120-122-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position Lead is in sideways and sellers was at high so for short term better buy above 113.3 or hold with stop at 107.05 The next resistance will be at 111.9 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 113.3 with a stop at 110.9 Below 110.2 go for sell and put stop at 112.6
Intraday Resistance of LEAD are 112.4/113.1/114.1/116.2/119.2/124.5/127.4/133.1/139
Intraday Support of LEAD are 111.1/110.4/109.4/106.1/103.2/98.4/95.8/91/86.3

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