LEAD TREND FOR TODAY-15-July-2013

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 SHORT position.Positionally Support for the Lead is 122-121-117-. Immediate resistance for Lead is 127

Short term and Intraday Level of LEAD

Currently Lead is in HOLD LONG position Lead has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 125 with stop at 121.25 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 125 with a stop at 123.1 Below 122.6 go for sell and put stop at 124.5
Intraday Resistance of LEAD are 124 : 124.1 : 129.4 : 131.8 : 135.2 : 138.6 : 141.1 : 143.5
Intraday Support of LEAD are 123.6 : 123.5 : 118.3 : 116 : 112.9 : 109.8 : 107.7 : 105.5

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