Tuesday, 21 May 2013

LEAD TREND FOR TODAY-22-May-2013


Lead is bearish for medium-long term .Currently Lead is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Lead is in HOLD LONG position and closed above 1 month high with volume signals up breakout.Positionally Support for the Lead is 111-110-109-.Resistance for the Lead is 114-118-
Short term and Intraday Level of LEAD
Lead closed above 1 week high with volume signals up breakoutCurrently 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 in highly overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 113.9 with a stop at 111.7 Below 111.1 go for sell with a stop at 113.3
Intraday Resistance of LEAD are 113.7 : 114.6 : 117.9 : 120.2 : 123.4 : 126.7 : 129 : 131.4
Intraday Support of LEAD are 111.3 : 110.4 : 107.3 : 105.1 : 102.2 : 99.2 : 97.2 : 95.1

To Get Free Tips:
9770670009, 0731-3299704

0 comments :

Post a Comment