Monday 18 November 2013

LEAD TREND FOR TODAY-19-Nov-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 . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Lead is in SELL position.Positionally Immediate support for Lead is 127.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 132.0 The Lead is now trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 130.2 with a stop at 127.4 Below 126.6 go for sell
Intraday Resistance of LEAD are 129.8 : 131 : 134.1 : 136.5 : 140 : 143.5 : 146 : 148.5
Intraday Support of LEAD are 127 : 125.8 : 122.8 : 120.5 : 117.3 : 114.2 : 112 : 109.8

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2 comments :

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  2. Today share price of lead open at 7.70 with the loss of -0.34 (-4.23%) point.Please provide some stop loss tips for this share price
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