Wednesday, 18 September 2013

LEAD TREND FOR TODAY-19-Sep-2013

Lead is in long- term bull phase .Currently Lead is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The Lead is now trading in oversold level. The Lead is now trading in oversold level. The oscillator is showing SELL signal For short term Lead is inSELL position.Positionally Support for the Lead is 130-128-.Resistance for the Lead is 134-136-138-140-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position The Lead is in downtrend For short term buy only if close above 132.0 The Lead is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy if open above 133.8 with a stop at 130.2 Strong buy above 135.4 Below 128.6 go for sell or sell if open below130.2
Intraday Resistance of LEAD are 133.5 : 135.1 : 137.7 : 140.3 : 143.7 : 147.3 : 149.8 : 152.4
Intraday Support of LEAD are 130.5 : 128.9 : 126.3 : 124 : 120.8 : 117.6 : 115.3 : 113.1

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