Wednesday, 4 December 2013

LEAD TREND FOR TODAY-05-Dec-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 Goldm is now trading in overbought level. The oscillator is showing SELL signal For short term Lead is in HOLD SHORT position.Positionally Immediate support for Lead is 126.Resistance for the Lead is 131-132-134-

Short term and Intraday Level of LEAD

Currently Lead is in HOLD SHORT position Lead is moving sideways so short term investor better to buy only above 130.6 with stop at 127.3 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 130.1 with a stop at 128.3 Below 127.8 go for sell
Intraday Resistance of LEAD are 129.8 : 130.5 : 134.7 : 137.1 : 140.6 : 144 : 146.5 : 149.1
Intraday Support of LEAD are 128.1 : 127.4 : 123.3 : 121 : 117.8 : 114.7 : 112.5 : 110.3

 

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3 comments :

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  2. Today’s most accurate tip for commodity
    LEAD (31 DEC) TREND: CONSOLIDATE
    RES 1: 129.50
    RES 2: 130.50
    SUPP 1: 126
    SUPP 2: 125
    STRATEGY: SELL ON HIGH
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  3. MOST PROFITABLE COMMODITY TIPS FOR TODAY
    BUY COPPER (FEB.) (10 LOTS) ABOVE 455.00 TG- 457.00/460.00/464.00 SL-452.00.
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