Thursday, 20 February 2014

LEAD TREND FOR TODAY-21-Feb-2014

Lead is bearish for medium-long term .Currently Lead is showing some up move after small correction and trend is strong but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Lead is in HOLD LONGposition.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 LONG position In short term Lead is in strong up trend so hold with stop at 132 The Lead is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 133.2 with a stop at 131.7 Below 131.4 go for sell with stop at 132.9
Intraday Resistance of LEAD are 133 : 133.5 : 138.1 : 140.6 : 144.1 : 147.6 : 150.1 : 152.7
Intraday Support of LEAD are 131.6 : 131.1 : 126.6 : 124.3 : 121 : 117.9 : 115.6 : 113.4
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