Sunday, 26 January 2014

LEAD TREND FOR TODAY-27-Jan-2014

Lead is in long- medium- short- term bull phase .Currently Lead is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 133-132-131-.Resistance for the Lead is 136-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position Lead is in sideways and sellers was at high so for short term better buy above 137.5 or hold with stop at 132.45 The next resistance will be at 137.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 137.5 with a stop at 134.3 Below 133.4 go for sell and put stop at 136.6
Intraday Resistance of LEAD are 137.2 : 138.7 : 141.3 : 143.8 : 147.3 : 150.9 : 153.5 : 156.1
Intraday Support of LEAD are 133.7 : 132.2 : 129.7 : 127.3 : 124.1 : 120.8 : 118.6 : 116.3

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