Thursday, 23 January 2014

LEAD TREND FOR TODAY-24-Jan-2014

23:01     3 comments

Lead is in long- term bull phase .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 above139 or buy with strict stop at 128. The oscillator is showing BUY signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 131-.Resistance for the Lead is 135-136-
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 134 The Lead is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 134.6 with a stop at 131.9 Below 131.2 go for sell with stop at 133.9
Intraday Resistance of LEAD are 134.3 : 135.5 : 138.7 : 141.2 : 144.7 : 148.2 : 150.8 : 153.3
Intraday Support of LEAD are 131.5 : 130.3 : 127.2 : 124.9 : 121.6 : 118.4 : 116.2 : 113.9

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