Thursday 22 August 2013

LEAD TREND FOR TODAY-23-Aug-2013

22:47   , , , ,   6 comments

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 . In last few days lot of positive accumulation happened in the Lead. The Lead is now trading in highly overbought level. The Lead is now trading in highly overbought level. The oscillator is showing SELL signal For short term The current position is BUY .Positionally Support for the Lead is 138-135-131-126-125-122-. Immediate resistance for Lead is 147
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 145.8 or hold with stop at 137.8 The Lead is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 143.9 with a stop at 139 Below 137.6 go for sell
Intraday Resistance of LEAD are 142.2 : 143.7 : 146.1 : 149.3 : 152.9 : 156.5 : 159.1 : 161.7
Intraday Support of LEAD are 139.3 : 137.8 : 135.4 : 132.5 : 129.1 : 125.8 : 123.5 : 121.2

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