Friday, 12 July 2013

LEAD TREND FOR TODAY-13-July-2013

23:25   , , , , ,   7 comments

Lead is in long- medium- short-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 .. The oscillator is on SELL signal and Lead is coming down from overbought level For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 122-121-117-116-. Immediate resistance for Lead is 127
Short term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position Lead is in sideways and sellers was at high so for short term better buy above 125 or hold with stop at 121.25 The next resistance will be at 126.15 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 125 with a stop at 123 Below 122.5 go for sell and put stop at 124.5
Intraday Resistance of LEAD are 124.7 : 125.5 : 129.4 : 131.8 : 135.1 : 138.5 : 141 : 143.5
Intraday Support of LEAD are 122.8 : 122 : 118.3 : 116 : 112.9 : 109.8 : 107.6 : 105.5

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