Tuesday, 21 January 2014

LEAD TREND FOR TODAY-22-Jan-2014 BY CAPITAL STROKE

Lead is in perfect uptrend .Currently Lead is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Lead if it close above141 or buy with strict stop at 128. The oscillator is showing BUY signal For short term Lead is inHOLD LONG position.Positionally Support for the Lead is 135-133-132-. Immediate resistance for Lead is 141
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 134 The Lead is now trading is approaching overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 138 with a stop at 135.1 Below 134.3 go for sell with a stop at 137.2
Intraday Resistance of LEAD are 137.8 : 139.1 : 142 : 144.5 : 148.1 : 151.6 : 154.2 : 156.8
Intraday Support of LEAD are 134.5 : 133.2 : 130.4 : 128 : 124.7 : 121.5 : 119.2 : 116.9

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