Thursday 23 May 2013

LEAD TREND FOR TODAY-24-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 . In last few days lot of positive accumulation happened in the Lead Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Lead is 111-110-.Resistance for the Lead is 118-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position Lead is moving sideways so short term investor better to buy only above 114.6 with stop at 109.25 The Lead is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 115.1 with a stop at 112.8 Below 112.2 go for sell
Intraday Resistance of LEAD are 114.7 : 115.6 : 119 : 121.3 : 124.6 : 127.8 : 130.2 : 132.6
Intraday Support of LEAD are 112.6 : 111.7 : 108.4 : 106.2 : 103.2 : 100.3 : 98.2 : 96.2

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2 comments :

  1. oil market trend, free mcx online tips, calls and news today 24th May Intraday trading and Future tips

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  2. Today Lead Share price open at 7.70 with the loss of -0.34 (-4.23%) point. please suggest me either to buy this or sell this share point.
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    ReplyDelete