Wednesday, 1 May 2013

LEAD TREND FOR TODAY-02-May-2013


Lead is bearish for medium-long term .Currently Lead is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Lead is in HOLD LONG position.Positionally Immediate support for Lead is 105.Resistance for the Lead is 109-111-114-119-121-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position The Lead is in downtrend For short term buy only if close above 110.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 107.7 with a stop at 104.2 Below 103.2 go for sell
Intraday Resistance of LEAD are 106.4/107.3/108.8/111.4/114.3/119.5/122.4/128/133.7
Intraday Support of LEAD are 104.5/103.6/102.1/101.5/98.7/94/91.5/86.7/82.1

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