Tuesday, 28 January 2014

LEAD TREND FOR TODAY-28-Jan-2014

Lead is in perfect uptrend .Currently Lead is in strong uptrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 135-134-133-132-131-. Immediate resistance for Lead is 138
Short term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position Lead is in sideways so for short term better buy above 137.0 with stop at 132.45 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 137.8 with a stop at 135.5 Below 134.9 go for sell and put stop at 137.2
Intraday Resistance of LEAD are 137.5 : 138.4 : 142.3 : 144.7 : 148.3 : 151.8 : 154.4 : 157
Intraday Support of LEAD are 135.2 : 134.3 : 130.6 : 128.2 : 124.9 : 121.7 : 119.4 : 117.1

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