LEAD TREND FOR TODAY-02-Aug-2013

Lead is in perfect uptrend .Currently Lead is showing some up move after small correction and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term The current position is BUY and closed above 1 month high with volume signals up breakout.Positionally Support for the Lead is 123-122-120-118-. Immediate resistance for Lead is 130

Short term and Intraday Level of LEAD

Lead closed above 1 week high with volume signals up breakoutCurrently Lead is in HOLD LONG position In short term Lead is in strong up trend so hold with stop at 124 The Lead is now trading in highly overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 130.1 with a stop at 127.1 Below 126.2 go for sell with a stop at 129.2
Intraday Resistance of LEAD are 129.8 : 131.2 : 133.9 : 136.3 : 139.7 : 143.2 : 145.7 : 148.2
Intraday Support of LEAD are 126.5 : 125.1 : 122.6 : 120.3 : 117.1 : 113.9 : 111.7 : 109.5

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