Monday, 10 June 2013

LEAD TREND FOR TODAY-11-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 SELL signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 125-122-117-114-113-. Immediate resistance for Lead is 129
Short term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position The Lead is in downtrend For short term buy only if close above 125.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 127.6 with a stop at 124.3 Below 123.4 go for sell and put stop at 126.7
Intraday Resistance of LEAD are 127.3 : 128.9 : 131.2 : 133.6 : 137 : 140.4 : 142.9 : 145.4
Intraday Support of LEAD are 123.7 : 122.1 : 120 : 117.7 : 114.5 : 111.4 : 109.3 : 107.1

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