Thursday 14 February 2013

LEAD TREND FOR TODAY-15-FEB-2013

Lead is in long- medium- short-medium- term bull phase .Currently Lead is moving sideways The oscillator is on SELL signal and Lead is coming down from overbought level .In last 1 month volatality is very less Buy the Lead above 133 or buy with strict stop at 127. The oscillator is on SELL signal and Lead is coming down from overbought level For short term Lead is in SELL position.Positionally Support for the Lead is 127-125-123-. Immediate resistance for Lead is 133

Short term and Intraday Level of LEAD

Currently Lead is in HOLD LONG position The Lead is not giving any clear signal So buy only if close above131.05 and sell below 127.95 The oscillator is showing BUY signal 
Intraday Trend-The Lead closed in a confusion manner So buy for intraday only above 130.6 with a stop at 129.3 If opens below 129.3 or trade below 129.1 be cautious or go for sell with stop at 130.4
Intraday Resistance of LEAD are 130.4/130.8/135.2/138.5/144.1/147.3/153.4/159.7
Intraday Support of LEAD are 129.3/128.9/124.3/121.2/116/113.1/107.9/102.8


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