Friday 4 October 2013

LEAD TREND FOR TODAY-04-Oct-2013

Lead is bearish for medium-long term .Currently Lead is in downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. 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 LONG position.Positionally Immediate support for Lead is 126.Resistance for the Lead is 130-131-133-134-137-

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 133.0 or hold with stop at 127.1 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 128.7 with a stop at 126.7 Below 126.2 go for sell
Intraday Resistance of LEAD are 128.4 : 129.3 : 133.2 : 135.6 : 139 : 142.4 : 144.9 : 147.5
Intraday Support of LEAD are 126.5 : 125.6 : 121.9 : 119.6 : 116.4 : 113.3 : 111.1 : 108.9

 

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