Sunday 22 September 2013

LEAD TREND FOR TODAY-23-Sep-2013

Lead is bearish for medium-long term .Currently Lead is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The Lead is now trading in oversold level. The Lead is now trading in oversold level. The oscillator is showing BUY signal For short term Lead is in HOLD SHORT position.Positionally Immediate support for Lead is 127.Resistance for the Lead is 132-133-135-136-139-
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 133.55 or hold with stop at 127.65 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 131.1 with a stop at 128.5 Below 127.8 go for sell
Intraday Resistance of LEAD are 130.9 : 132.1 : 135.2 : 137.6 : 141.1 : 144.6 : 147.1 : 149.6
Intraday Support of LEAD are 128 : 126.8 : 123.8 : 121.5 : 118.3 : 115.2 : 112.9 : 110.7

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