Monday, 2 September 2013

LEAD TREND FOR TODAY-02-Sep-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 overbought level. The Lead is now trading in overbought level. The oscillator is showing SELL signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 143-142-138-130-127-125-. Immediate resistance for Lead is 156
Short term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position Lead is moving sideways so short term investor better to buy if close above 155.4 closing below 141.95 Sell will happen. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 148.5 with a stop at 143.3 Below 141.8 go for sell and put stop at 147
Intraday Resistance of LEAD are 146.7 : 148 : 151.2 : 153.8 : 157.4 : 161.1 : 163.8 : 166.5
Intraday Support of LEAD are 143.6 : 142.3 : 139.2 : 136.7 : 133.4 : 130 : 127.6 : 125.3

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1 comments :

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