Wednesday, 10 July 2013

LEAD TREND FOR TODAY-10-July-2013

01:45   , , , , , ,   5 comments

Lead is in long- medium- term bull phase .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 LONG position.Positionally Support for the Lead is 120-117-116-.Resistance for the Lead is 123-124-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position Lead is moving sideways so short term investor better to buy only above 126.35 with stop at 121.5 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 124.5 with a stop at 121.1 Below 120.2 go for sell
Intraday Resistance of LEAD are 124.2 : 125.7 : 127.9 : 130.3 : 133.7 : 137.1 : 139.5 : 142
Intraday Support of LEAD are 120.5 : 119 : 116.9 : 114.6 : 111.5 : 108.5 : 106.3 : 104.2

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