Friday, 14 June 2013

LEAD TREND FOR TODAY-15-Jun-2013

Lead is in long- medium- short-medium- term bull phase .Currently Lead is moving sideways The oscillator is on SELL signal and Lead is coming down from overbought level .In last 3 weeks Lead is trading in low volatality Buy the Lead above 129 or buy with strict stop at 118. The oscillator is on SELL signal and Lead is coming down from overbought level For short term Lead is in SELL position.Positionally Support for the Lead is 119-117-114-.Resistance for the Lead is 124-
Short term and Intraday Level of LEAD
Currently Lead is in SELL position Lead is in sideways so for short term better buy above 122.5 with stop at 120.4 The Lead is now trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 122.5 with a stop at 120.9 Below 120.5 go for sell and put stop at 122.1
Intraday Resistance of LEAD are 122.3 : 122.9 : 127.1 : 129.4 : 132.8 : 136.2 : 138.6 : 141.1
Intraday Support of LEAD are 120.7 : 120.1 : 116.1 : 113.8 : 110.7 : 107.7 : 105.5 : 103.4

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