Thursday 28 November 2013

LEAD TREND FOR TODAY-28-Nov-2013

Lead is bearish for medium-long term .Currently Lead is moving sideways The oscillator is showing BUY signal and has moved down its previous low and the negative trend is still continuing momentum also points toward negativeness. The oscillator is showing BUY signal For short term Lead is in SELL position.Positionally Immediate support for Lead is 127.Resistance for the Lead is 131-132-133-134-135-

Short term and Intraday Level of LEAD

Currently Lead is in HOLD SHORT position Lead has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below127.5 Buy if above 132.25 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 129.7 with a stop at 127.9 Below 127.5 go for sell
Intraday Resistance of LEAD are 129.4 : 130 : 134.3 : 136.8 : 140.2 : 143.7 : 146.2 : 148.7
Intraday Support of LEAD are 127.8 : 127.2 : 123 : 120.7 : 117.5 : 114.4 : 112.2 : 110

 

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