Monday, 13 May 2013

LEAD TREND FOR TODAY-14-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 112-116-119-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position Lead is showing some Up momentum So buy above 110.0 with stop at 108.2 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 111.8 with a stop at 109.1 Below 108.3 go for sell and put stop at 111
Intraday Resistance of LEAD are 111 : 111.7 : 115.1 : 117.3 : 120.5 : 123.8 : 126.1 : 128.4
Intraday Support of LEAD are 109.1 : 108.4 : 104.6 : 102.5 : 99.6 : 96.7 : 94.6 : 92.6

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