LEAD TREND FOR TODAY-07-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 . 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 SELL signal For short term The current position is BUY .Positionally Support for the Lead is 123-120-117-115-114-113-. Immediate resistance for Lead is 129

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 125 The Lead is now trading is approaching overbought level. The oscillator is on SELL signal and Lead is coming down from overbought level
Intraday Trend- Buy is advised above 126.6 with a stop at 124.1 Below 123.4 go for sell with stop at 125.9
Intraday Resistance of LEAD are 126.3 : 127.4 : 130.7 : 133 : 136.4 : 139.9 : 142.3 : 144.8
Intraday Support of LEAD are 123.7 : 122.6 : 119.5 : 117.2 : 114.1 : 111 : 108.8 : 106.6

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