Wednesday, 12 June 2013

LEAD TREND FOR TODAY-13-Jun-2013

Lead is in long- medium- short-medium- term bull phase .Currently Lead is moving sideways The Lead is now trading in overbought level. The Lead is now trading in overbought level. The oscillator is showing SELL signal .In last 3 weeks Lead is trading in low volatality Buy the Lead above 129 or buy with strict stop at 114. 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 SHORT position.Positionally Support for the Lead is 118-117-114-.Resistance for the Lead is 123-126-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position Lead is in sideways and sellers was at high so for short term better buy above 123.8 or hold with stop at 121.75 The next resistance will be at 127.45 The Lead is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 123.8 with a stop at 121.6 Below 121.1 go for sell and put stop at 123.3
Intraday Resistance of LEAD are 123.6 : 124.6 : 128 : 130.4 : 133.8 : 137.2 : 139.6 : 142.1
Intraday Support of LEAD are 121.3 : 120.3 : 117 : 114.7 : 111.6 : 108.6 : 106.4 : 104.3

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