Sunday, 19 January 2014

LEAD TREND FOR TODAY-20-Jan-2014 BY CAPITAL STROKE

Lead is in long- medium- short- term bull phase .Currently Lead is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less Buy the Lead above 142 or buy with strict stop at 128. The oscillator is showing BUY signal For short term Lead is in HOLD SHORTposition.Positionally Support for the Lead is 133-132-.Resistance for the Lead is 136-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position In short term Lead is in strong up trend so hold with stop at 133 The Lead is now trading is approaching overbought level. The oscillator is on SELL signal and Lead is coming down from overbought level
Intraday Trend- Buy is advised above 137 with a stop at 134.2 Below 133.4 go for sell with a stop at 136.2
Intraday Resistance of LEAD are 136.7 : 138 : 141.1 : 143.6 : 147.1 : 150.6 : 153.2 : 155.8
Intraday Support of LEAD are 133.7 : 132.4 : 129.4 : 127.1 : 123.8 : 120.6 : 118.3 : 116.1

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