LEAD TREND FOR TODAY-28-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 BUY signal For short term Lead is inHOLD SHORT position.Positionally Support for the Lead is 129-128-.Resistance for the Lead is 136-137-

Short term and Intraday Level of LEAD

Currently Lead is in HOLD SHORT position Lead has crossed the 5 day high but the trend was not strong and sellers was at high so for short term better buy above 134 with stop at 127.4 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 134 with a stop at 129.8 Below 128.7 go for sell and put stop at 132.8
Intraday Resistance of LEAD are 132.5 : 133.7 : 135.7 : 137.1 : 139.5 : 143 : 146.5 : 149.1 : 151.6
Intraday Support of LEAD are 130.1 : 128.9 : 126.9 : 125.6 : 123.3 : 120.1 : 116.9 : 114.7 : 112.5

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