Tuesday, 31 December 2013

LEAD TREND FOR TODAY-31-Dec-2013

Lead is in perfect uptrend .Currently Lead is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Lead is now trading in overbought level. The Lead is now trading in overbought level. The oscillator is showing SELL signal For short term The current position is BUY .Positionally Support for the Lead is 136-134-133-132-131-. Immediate resistance for Lead is 146

Short term and Intraday Level of LEAD

Currently Lead is in HOLD LONG position Lead is moving sideways with low volatality so short term investor better to buy if close above 144.65 close below 135.35 Sell will happen. The oscillator is showing SELL signal
Intraday Trend-Intraday better to buy above 141.6 and Sell if below133.6
Intraday Resistance of LEAD are 138.6 : 139.7 : 141.4 : 143.5 : 146 : 149.6 : 153.2 : 155.8 : 158.4
Intraday Support of LEAD are 136.6 : 135.5 : 133.8 : 131.8 : 129.4 : 126.1 : 122.9 : 120.6 : 118.3

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