Friday 26 July 2013

LEAD TREND FOR TODAY-26-July-2013

Lead is in long- term bull phase .Currently Lead is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Lead above 127 or buy with strict stop at 120. The oscillator is showing SELL signal For short term Lead is in SELL position.Positionally Support for the Lead is 121-119-117-.Resistance for the Lead is 123-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position Lead has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 123.1 with stop at 120.2 The Lead is now trading is approaching overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 123.1 with a stop at 121.3 Below 120.9 go for sell and put stop at 122.7
Intraday Resistance of LEAD are 122.9 : 123.6 : 127.6 : 129.9 : 133.3 : 136.7 : 139.1 : 141.6
Intraday Support of LEAD are 121.1 : 120.4 : 116.5 : 114.3 : 111.2 : 108.2 : 106 : 103.9

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