Tuesday, 6 August 2013

LEAD TREND FOR TODAY-07-Aug-2013

23:27   , , , , ,   3 comments

Lead is in perfect uptrend .Currently Lead is in strong uptrend and the trend is 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 .Positionally Support for the Lead is 125-123-121-118-. Immediate resistance for Lead is 133
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position In short term Lead is in strong up trend so hold with stop at 129 The Lead is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 130.9 with a stop at 128.4 Below 127.7 go for sell with stop at 130.2
Intraday Resistance of LEAD are 130.7 : 131.8 : 135 : 137.5 : 140.9 : 144.4 : 146.9 : 149.5
Intraday Support of LEAD are 127.9 : 126.8 : 123.7 : 121.4 : 118.2 : 115 : 112.8 : 110.6

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