LEAD TREND FOR TODAY-10-May-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 above112 or buy with strict stop at 104. 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 113-117-120-

Short term and Intraday Level of LEAD

Currently Lead is in HOLD LONG position Lead is moving sideways so short term investor better to buy only above 111.9 or hold with stop at 108.6 The Lead is now trading is approaching overbought level. The oscillator is on SELL signal and Lead is coming down from overbought level
Intraday Trend- Buy is advised above 111.3 with a stop at 108.6 Below 107.9 go for sell
Intraday Resistance of LEAD are 110.9 : 112 : 115.4 : 117.7 : 120.9 : 124.1 : 126.4 : 128.8
Intraday Support of LEAD are 108.3 : 107.2 : 104.9 : 102.8 : 99.9 : 97 : 95 : 92.9

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