Monday 29 April 2013

LEAD TREND FOR TODAY-30-April-2013


Lead is bearish for medium-long term .Currently Lead is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Lead if it close above113 or buy with strict stop at 106. The oscillator is showing BUY signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 109-.Resistance for the Lead is 111-115-120-121-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position Lead is in sideways so for short term better buy above 111.2 with stop at 108.4 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 111.2 with a stop at 108.8 Below 108.1 go for sell and put stop at 110.5
Intraday Resistance of LEAD are 110.7/111.5/114.5/117.5/122.7/125.7/131.4/137.1
Intraday Support of LEAD are 108.6/107.8/104.5/101.6/96.9/94.3/89.5/84.8

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