Thursday, 30 May 2013

LEAD TREND FOR TODAY-30-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 .. 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 .Positionally Support for the Lead is 117-114-113-111-. Immediate resistance for Lead is 120
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 116 The Lead is now trading in highly overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 120.9 with a stop at 119 Below 118.5 go for sell with a stop at 120.4
Intraday Resistance of LEAD are 120.6 : 121.4 : 125.2 : 127.6 : 130.9 : 134.2 : 136.7 : 139.1
Intraday Support of LEAD are 118.8 : 118 : 114.3 : 112.1 : 109 : 106 : 103.9 : 101.7

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