LEAD TREND FOR TODAY-28-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 114-112-111-110-.Resistance for the Lead is 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 113 The Lead is now trading in highly overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 116.3 with a stop at 115.1 Below 114.8 go for sell with a stop at 116
Intraday Resistance of LEAD are 116 : 116.5 : 121 : 123.3 : 126.5 : 129.9 : 132.2 : 134.6
Intraday Support of LEAD are 115.1 : 114.6 : 110.2 : 108.1 : 105.1 : 102.1 : 100 : 97.9

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