LEAD TREND FOR TODAY-09-Jan-2014

Lead is bearish for medium-long term.Currently Lead is showing some down move and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend . Caution note 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 131.Resistance for the Lead is 134-135-137-138-

Short term and Intraday Level of LEAD

Currently Lead is in SELL position The Lead is in downtrend For short term buy only if close above 135.0 The Lead is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 133.6 with a stop at 131.1 Below 130.5 go for sell
Intraday Resistance of LEAD are 133.3 : 134.4 : 137.9 : 140.3 : 143.8 : 147.3 : 149.8 : 152.4
Intraday Support of LEAD are 130.8 : 129.7 : 126.4 : 124 : 120.8 : 117.6 : 115.4 : 113.2

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