Tuesday, 14 May 2013

LEAD TREND FOR TODAY-15-May-2013


Lead is bearish for medium-long term .Currently Lead is moving sideways The oscillator is showing BUY signal and has moved down its previous low. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Immediate support for Lead is 108.Resistance for the Lead is 109-110-112-116-119-
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 Selling pressure seems to be deceasing so Short term investor with risk aptitude can enter again if it close above 110.5 but caution- close Below low5 fresh selling can occur The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 109.7 with a stop at 107.3 Below 106.6 go for sell
Intraday Resistance of LEAD are 109.2 : 110.1 : 113.8 : 116 : 119.2 : 122.4 : 124.7 : 127
Intraday Support of LEAD are 107.1 : 106.2 : 103.4 : 101.3 : 98.3 : 95.5 : 93.5 : 91.5

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