Tuesday 27 August 2013

LEAD TREND FOR TODAY-27-Aug-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 highly overbought level. The Lead is now trading in highly overbought level. The oscillator is showing SELL signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 140-137-133-127-126-123-. Immediate resistance for Lead is 147
Short term and Intraday Level of LEAD
Currently Lead is in SELL position Lead is in sideways so for short term better buy above 145.8 with stop at 140.1 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 143.8 with a stop at 140.5 Below 139.6 go for sell
Intraday Resistance of LEAD are 143.5 : 145.1 : 147.7 : 150.3 : 153.9 : 157.5 : 160.1 : 162.8
Intraday Support of LEAD are 139.9 : 138.3 : 135.8 : 133.4 : 130 : 126.7 : 124.4 : 122.1

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