LEAD TREND FOR TODAY-29-May-2013

Lead is in perfect uptrend .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 Lead is now trading in overbought level. The Lead is now trading in overbought level. The oscillator is showing BUY signal For short term The current position is BUY and closed above 1 month high with volume signals up breakout.Positionally Support for the Lead is 118-114-113-112-111-110-. Immediate resistance for Lead is 119

Short term and Intraday Level of LEAD

Lead closed above 1 week high with volume signals up breakoutCurrently Lead is in HOLD LONG position Lead has crossed the high so for short term better buy above 120.5 with stop at 112.1 The Lead is now trading in highly overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy above 120.5 and keep stop below 117.4 Target is 121.8 next 124 Below 116.1 trend reversal can occur and next level is 113.9
Intraday Resistance of LEAD are 120.3 : 121.6 : 123.8 : 126.8 : 130.1 : 133.5 : 135.9 : 138.3
Intraday Support of LEAD are 117.6 : 116.3 : 114.1 : 111.4 : 108.3 : 105.3 : 103.2 : 101.1

To Get Free Tips:

Bullion Tips

Commodity Tips

Mcx Tips

9770670009, 0731-3299704