LEAD TREND FOR TODAY-26-Sep-2013

Lead is bearish for medium-long term .Currently Lead is in strong downtrend and the trend is supported with good volume 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 BUY signal For short term Lead is in HOLD SHORT position.Positionally Immediate support for Lead is 127.Resistance for the Lead is 130-131-132-133-136-138-

Short term and Intraday Level of LEAD

Currently Lead is in SELL position Lead has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below126.7 Buy if above 131.7 The Lead is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 128.9 with a stop at 127.1 Below 126.7 go for sell
Intraday Resistance of LEAD are 128.7 : 129.4 : 133.5 : 135.9 : 139.4 : 142.8 : 145.3 : 147.8
Intraday Support of LEAD are 126.9 : 126.2 : 122.2 : 119.9 : 116.7 : 113.6 : 111.4 : 109.2

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