LEAD TREND FOR TODAY-08-Jun-2013

Lead is in long- medium- short-medium- short- term bull phase .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 121-117-116-114-113-. Immediate resistance for Lead is 129

Short term and Intraday Level of LEAD

Currently Lead is in HOLD LONG position Lead is moving sideways so short term investor better to buy only above 128.4 or hold with stop at 123.35 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 125.3 with a stop at 122.8 Below 122.1 go for sell
Intraday Resistance of LEAD are 125 : 126.2 : 129.3 : 131.7 : 135.1 : 138.5 : 140.9 : 143.4
Intraday Support of LEAD are 122.4 : 121.2 : 118.2 : 116 : 112.8 : 109.8 : 107.6 : 105.4

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