LEAD TREND FOR TODAY-25-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 .. The Goldm is now trading in overbought level. The oscillator is showing BUY signal For short term Lead is inSELL position.Positionally Immediate support for Lead is 127.Resistance for the Lead is 133-134-136-

Short term and Intraday Level of LEAD

Currently Lead is in HOLD LONG position Lead is moving sideways so short term investor better to buy only above 132.25 with stop at 127.6 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 132.1 with a stop at 130.2 Below 129.8 go for sell
Intraday Resistance of LEAD are 131.8 : 132.6 : 136.7 : 139.2 : 142.6 : 146.1 : 148.7 : 151.2
Intraday Support of LEAD are 130.1 : 129.3 : 125.3 : 123 : 119.8 : 116.6 : 114.3 : 112.1

 

 

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