Sunday, 17 November 2013

LEAD TREND FOR TODAY-18-Nov-2013

Lead is bearish for medium-long term .Currently Lead is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Lead is in SELL position.Positionally Immediate support for Lead is 130.Resistance for the Lead is 133-134-135-136-

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 133.0 The Lead is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 132 with a stop at 130.4 Below 130 go for sell
Intraday Resistance of LEAD are 131.6 : 132.2 : 136.8 : 139.2 : 142.7 : 146.2 : 148.7 : 151.3
Intraday Support of LEAD are 130.4 : 129.8 : 125.3 : 123 : 119.8 : 116.6 : 114.4 : 112.2

 

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