Monday, 20 May 2013

LEAD TREND FOR TODAY-21-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 111-110-109-.Resistance for the Lead is 115-118-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position In short term Lead is in strong up trend so hold with stop at 110 The Lead is now trading is approaching overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 114 with a stop at 111 Below 110.2 go for sell with a stop at 113.2
Intraday Resistance of LEAD are 112.9 : 113.8 : 115.1 : 116.5 : 118.8 : 122 : 125.2 : 127.6 : 129.9
Intraday Support of LEAD are 111.3 : 110.4 : 109.1 : 106 : 103.8 : 100.9 : 98 : 95.9 : 93.9

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