Thursday 29 August 2013

LEAD TREND FOR TODAY-29-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 .. 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 142-140-135-128-126-124-. Immediate resistance for Lead is 156
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position In Lead is in up trend but last day trend was weak so adhere to stop at 143 The oscillator is showing SELL signal
Intraday Trend- Sell if open below 143.8 with stop loss at 149.5 Buy is advised only above 152.1
Intraday Resistance of LEAD are 149.2 : 151.8 : 156.1 : 159 : 162.7 : 165.4 : 168.1
Intraday Support of LEAD are 144.1 : 141.5 : 137.2 : 134.8 : 131.4 : 129 : 126.7

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