LEAD TREND FOR TODAY-03-July-2013

Lead is in perfect uptrend .Currently Lead is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Lead is in HOLD LONGposition.Positionally Support for the Lead is 122-118-116-. Immediate resistance for Lead is 127

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 125.5 or hold with stop at 121.55 The next resistance will be at 125.55 The Lead is now trading is approaching overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 125.5 with a stop at 123.5 Below 123 go for sell and put stop at 125
Intraday Resistance of LEAD are 125.3 : 126.1 : 129.9 : 132.3 : 135.6 : 139.1 : 141.5 : 144
Intraday Support of LEAD are 123.2 : 122.4 : 118.7 : 116.5 : 113.4 : 110.3 : 108.1 : 105.9

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