Friday, 28 June 2013

LEAD TREND FOR TODAY-29-Jun-2013

Lead is in long- medium- short- term bull phase .Currently Lead is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Lead is in HOLD SHORT position.Positionally Support for the Lead is 122-117-116-115-.Resistance for the Lead is 124-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position The Lead is not giving any clear signal So buy only if close above124.4 and sell below 118.15 The oscillator is showing BUY signal 
Intraday Trend-The Lead closed in a confusion manner So buy for intraday only above 124.2 with a stop at 121.7 If opens below 121.7 or trade below 121.1 be cautious or go for sell with stop at 123.6
Intraday Resistance of LEAD are 124 : 125.1 : 128.2 : 130.6 : 134 : 137.4 : 139.8 : 142.3
Intraday Support of LEAD are 121.3 : 120.2 : 117.2 : 114.9 : 111.8 : 108.8 : 106.6 : 104.5


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