Friday, 17 May 2013

LEAD TREND FOR TODAY-18-May-2013


Lead is bearish for medium-long term .Currently Lead is moving sideways The oscillator is showing BUY signal but has moved past its recent high. The oscillator is showing BUY signal For short term Lead is in HOLD SHORT position.Positionally Support for the Lead is 110-109-.Resistance for the Lead is 115-119-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position Lead is in sideways and sellers was at high so for short term better buy above 112.4 or hold with stop at 106.6 The next resistance will be at 111.2 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 112.4 with a stop at 110.2 Below 109.7 go for sell and put stop at 111.9
Intraday Resistance of LEAD are 112.2 : 113.2 : 115.8 : 118 : 121.2 : 124.4 : 126.8 : 129.1
Intraday Support of LEAD are 109.9 : 108.9 : 105.3 : 103.1 : 100.2 : 97.3 : 95.2 : 93.2

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