Friday, 17 May 2013

LEAD TREND FOR TODAY-17-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 Buy the Lead above 112 or buy with strict stop at 104. The oscillator is showing BUY signal For short term Lead is in HOLD SHORTposition.Positionally Immediate support for Lead is 104.Resistance for the Lead is 110-112-115-119-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position Lead is in sideways so for short term better buy above 110.5 with stop at 106.6 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 110.7 with a stop at 108.3 Below 107.6 go for sell and put stop at 110
Intraday Resistance of LEAD are 110.5 : 111.7 : 113.7 : 115.9 : 119.1 : 122.3 : 124.6 : 126.9
Intraday Support of LEAD are 107.8 : 106.6 : 103.3 : 101.2 : 98.3 : 95.4 : 93.4 : 91.4

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