Thursday 27 June 2013

LEAD TREND FOR TODAY-28-Jun-2013

Lead is in long- medium- term bull phase .Currently Lead is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Lead is in HOLD SHORT position.Positionally Support for the Lead is 117-116-115-.Resistance for the Lead is 124-
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 124.4 or hold with stop at 118.15 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 124 with a stop at 121.7 Below 121 go for sell
Intraday Resistance of LEAD are 123.7 : 124.7 : 128.1 : 130.5 : 133.8 : 137.2 : 139.7 : 142.1
Intraday Support of LEAD are 121.3 : 120.3 : 117 : 114.8 : 111.7 : 108.6 : 106.5 : 104.3

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