Monday, 29 July 2013

LEAD TREND FOR TODAY-30-July-2013

Lead is in long- short-medium- short- term bull phase .Currently Lead is moving sideways The oscillator is showing BUY signal but has moved past its recent high. The oscillator is showing BUY signal For short term Lead is in HOLD SHORT position.Positionally Support for the Lead is 122-119-117-. Immediate resistance for Lead is 123
Short term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position Lead has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 124 with stop at 120.65 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 124 with a stop at 122.1 Below 121.6 go for sell and put stop at 123.5
Intraday Resistance of LEAD are 123.7 : 124.5 : 128.4 : 130.8 : 134.1 : 137.5 : 140 : 142.5
Intraday Support of LEAD are 121.9 : 121.1 : 117.3 : 115.1 : 112 : 108.9 : 106.7 : 104.6

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