Sunday 17 February 2013

LEAD TREND FOR TODAY-18-FEB-2013


Lead is in perfect uptrend .Currently Lead is in strong uptrend 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 on SELL signal and Lead is coming down from overbought level For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 129-128-127-125-123-. Immediate resistance for Lead is 134

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 130 The Lead is now trading is approaching overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 133 with a stop at 132 Below 131.9 go for sell with a stop at 132.9
Intraday Resistance of LEAD are 132.8/133/138/141.3/147/150.2/156.4/162.7
Intraday Support of LEAD are 132.1/131.9/126.9/123.8/118.6/115.7/110.4/105.2


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1 comments :

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