Friday 26 July 2013

LEAD TREND FOR TODAY-27-July-2013

Lead is in long- term bull phase .Currently Lead is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Lead above 127 or buy with strict stop at 120. The oscillator is showing SELL signal For short term Lead is in HOLD SHORTposition.Positionally Support for the Lead is 119-117-.Resistance for the Lead is 122-123-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position Lead is moving sideways so short term investor better to buy only above 122.4 with stop at 120.2 The Lead is now trading is approaching overbought level. The oscillator is on SELL signal and Lead is coming down from overbought level
Intraday Trend- Buy is advised above 122.2 with a stop at 120.4 Below 120 go for sell
Intraday Resistance of LEAD are 121.5 : 121.9 : 126.7 : 129 : 132.4 : 135.7 : 138.2 : 140.6
Intraday Support of LEAD are 120.7 : 120.3 : 115.7 : 113.4 : 110.3 : 107.3 : 105.2 : 103
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