Tuesday, 7 May 2013

LEAD TREND FOR TODAY-08-May-2013


Lead is bearish for medium-long term .Currently Lead is in strong downtrend 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 SHORT position.Positionally Support for the Lead is 109-.Resistance for the Lead is 113-118-120-
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 109 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 111 with a stop at 108.8 Below 108.3 go for sell with stop at 110.4
Intraday Resistance of LEAD are 110.7 : 111.7 : 114.9 : 117.2 : 120.3 : 123.6 : 125.9 : 128.2
Intraday Support of LEAD are 108.5 : 107.5 : 104.4 : 102.3 : 99.4 : 96.5 : 94.5 : 92.5

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