LEAD TREND FOR TODAY-05-Feb-2014

Lead is bearish for medium-long term .Currently Lead is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Lead is in HOLD SHORT position.Positionally Immediate support for Lead is 129.Resistance for the Lead is 133-134-135-

Short term and Intraday Level of LEAD

Currently Lead is in HOLD SHORT position The Lead is in downtrend For short term buy only if close above 133.0 The Lead is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 132.4 with a stop at 129.7 Below 129 go for sell
Intraday Resistance of LEAD are 132.2 : 133.4 : 136.5 : 138.9 : 142.4 : 145.9 : 148.4 : 151
Intraday Support of LEAD are 129.2 : 128 : 125 : 122.7 : 119.5 : 116.4 : 114.1 : 111.9

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