LEAD TREND FOR TODAY-17-Jun-2013

Lead is in long- medium- short-medium- term bull phase .Currently Lead is showing some down move and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend . Caution note selling at lower levels seems decreasing. 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 120-117-115-114-.Resistance for the Lead is 123-124-

Short term and Intraday Level of LEAD

Currently Lead is in SELL position The Lead is in downtrend For short term buy only if close above 123.0 The Lead is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 122.7 with a stop at 121.4 Below 121.1 go for sell and put stop at 122.4
Intraday Resistance of LEAD are 122.4 : 122.9 : 127.5 : 129.8 : 133.2 : 136.6 : 139 : 141.5
Intraday Support of LEAD are 121.4 : 120.9 : 116.4 : 114.2 : 111.1 : 108.1 : 105.9 : 103.8

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