Monday, 29 July 2013

LEAD TREND FOR TODAY-29-July-2013

Lead is in long- term bull phase .Currently Lead is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Lead if it close above127 or buy with strict stop at 120. The oscillator is showing BUY signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 121-119-117-.Resistance for the Lead is 123-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position Lead is showing some Up momentum So buy above 122.0 with stop at 120.65 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 122.2 with a stop at 121 Below 120.8 go for sell and put stop at 122
Intraday Resistance of LEAD are 122 : 122.4 : 127.1 : 129.4 : 132.8 : 136.2 : 138.6 : 141.1
Intraday Support of LEAD are 121 : 120.6 : 116.1 : 113.8 : 110.7 : 107.7 : 105.5 : 103.4

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