Thursday, 19 September 2013

LEAD TREND FOR TODAY-20-Sep-2013

22:08   , , , , ,   4 comments

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 128-.Resistance for the Lead is 134-136-137-140-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position Lead is moving sideways so short term investor better to buy only above 133.55 or hold with stop at 127.65 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 133.9 with a stop at 129.7 Below 128.5 go for sell
Intraday Resistance of LEAD are 132.3 : 133.4 : 135.2 : 137 : 139.4 : 142.9 : 146.4 : 148.9 : 151.5
Intraday Support of LEAD are 130.1 : 129 : 127.2 : 125.5 : 123.2 : 120 : 116.8 : 114.6 : 112.4

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