LEAD TREND FOR TODAY-21-Oct-2013

Lead is in long- short-medium- short- term bull phase .Currently Lead is in strong uptrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Lead is 129-.Resistance for the Lead is 137-

Short term and Intraday Level of LEAD

Currently Lead is in HOLD LONG position In short term Lead is in strong up trend so hold with stop at 131 Very Short term investor please cautious on Lead as it is moving with low volatality The Lead is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 133.6 with a stop at 131.4 Below 130.8 go for sell with a stop at 133
Intraday Resistance of LEAD are 133.3 : 134.2 : 138 : 140.5 : 143.9 : 147.5 : 150 : 152.6
Intraday Support of LEAD are 131.1 : 130.2 : 126.5 : 124.2 : 121 : 117.8 : 115.5 : 113.3

 

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