Thursday, 16 May 2013

LEAD TREND FOR TODAY-16-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 Immediate support for Lead is 104.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 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 109.4 with a stop at 107 Below 106.3 go for sell
Intraday Resistance of LEAD are 108.8 : 109.6 : 112.8 : 115.1 : 118.2 : 121.4 : 123.7 : 126
Intraday Support of LEAD are 106.9 : 106.1 : 102.5 : 100.4 : 97.5 : 94.6 : 92.6 : 90.6

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