Thursday, 29 August 2013

LEAD TREND FOR TODAY-30-Aug-2013

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 Lead is now trading in highly overbought level. The Lead is now trading in highly overbought level. The oscillator is showing SELL signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 143-141-136-129-127-124-. Immediate resistance for Lead is 156
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position Lead has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 154.5 with stop at 140.25 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 154.5 with a stop at 146.1 Below 143.5 go for sell and put stop at 151.9
Intraday Resistance of LEAD are 150.9 : 152.6 : 155.2 : 157.8 : 161.5 : 165.2 : 167.9 : 170.6
Intraday Support of LEAD are 147.1 : 145.4 : 143 : 140.5 : 137 : 133.7 : 131.3 : 128.9

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