LEAD TREND FOR TODAY-05-Sep-2013

Lead is in long- medium- short-medium- term bull phase .Currently Lead is moving sideways The Lead is now trading in overbought level. The Lead is now trading in overbought level. The oscillator is showing SELL signal and has moved down its previous low with good volume points to a negative break out . 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 inSELL position and Lead closed below 1 week low with volume signals down breakout.Positionally Support for the Lead is 140-131-128-125-.Resistance for the Lead is 145-146-

Short term and Intraday Level of LEAD

Lead and closed below 1 week low with volume signals down breakoutCurrently Lead is in HOLD LONG position Lead is in sideways but the trend looks weak so better buy above 148.7 or hold with stop at 141.3 Yesterday the selling was with volume so risk takers can go for shorting at current rate with stop at 148.7 The oscillator is showing BUY signal 
Intraday Trend- Sell if open below 139.5 with stop loss at 143.8 or sell below 137.6Buy is not advised till it cross 145.8
Intraday Resistance of LEAD are 143.4 : 145.2 : 148.2 : 150.2 : 153.8 : 157.4 : 160.1 : 162.7
Intraday Support of LEAD are 139.9 : 138.1 : 135.1 : 133.3 : 130 : 126.7 : 124.4 : 122.1

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