LEAD TREND FOR TODAY-03-Jun-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 . 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 .Positionally Support for the Lead is 118-117-116-114-113-112-. Immediate resistance for Lead is 126

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 122 The Lead is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 125.8 with a stop at 123.3 Below 122.6 go for sell with stop at 125.1
Intraday Resistance of LEAD are 124.5 : 124.8 : 129.8 : 132.2 : 135.6 : 139 : 141.5 : 144
Intraday Support of LEAD are 123.9 : 123.6 : 118.7 : 116.4 : 113.3 : 110.2 : 108 : 105.9

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