Tuesday, 23 July 2013

LEAD TREND FOR TODAY-23-July-2013

Lead is in long- 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 . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Lead is in SELLposition.Positionally Support for the Lead is 118-117-.Resistance for the Lead is 123-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position Lead is moving sideways with low volatality so short term investor better to buy if close above 122.9 close below 119.6 sell will happen. The oscillator is showing BUY signal 
Intraday Trend-Intraday better to buy above 124 and Sell if below119.5
Intraday Resistance of LEAD are 122.9 : 123.8 : 127.3 : 129.7 : 133 : 136.4 : 138.9 : 141.3
Intraday Support of LEAD are 120.6 : 119.7 : 116.3 : 114.1 : 111 : 107.9 : 105.8 : 103.6

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