Tuesday 19 February 2013

LEAD TREND FOR TODAY-20-FEB-2013


 Lead is in long- medium- term bull phase .Currently Lead is moving sideways The oscillator is showing SELL signal and has moved down its previous low with good volume points to a negative break out . The oscillator is showing SELL signal For short term Lead is in HOLD LONG position and Lead closed below 1 week low with volume signals down breakout.Positionally Support for the Lead is 127-125-124-.Resistance for the Lead is 130-131-

Short term and Intraday Level of LEAD

Lead and closed below 1 week low with volume signals down breakoutCurrently Lead is in HOLD SHORT position Lead is moving sideways so short term investor better to buy only above 132.65 or hold with stop at 128.1 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 129.7 with a stop at 127.9 Below 127.5 go for sell
Intraday Resistance of LEAD are 129.4/130.1/134.3/137.5/143.2/146.3/152.4/158.7
Intraday Support of LEAD are 127.8/127.1/123.4/120.3/115.1/112.3/107.1/101.9

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1 comments :

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