Thursday 24 October 2013

LEAD TREND FOR TODAY-25-Oct-2013

Lead is in long- short-medium- short- term bull phase .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 oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Lead is 131-130-129-.Resistance for the Lead is 136-

Short term and Intraday Level of LEAD

Currently Lead is in HOLD LONG position Lead is in profit booking mode so hold with stop at 132 The Lead is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 134.1 with a stop at 132.3 Below 131.8 go for sell and put stop at 133.6
Intraday Resistance of LEAD are 133.8 : 134.5 : 138.8 : 141.2 : 144.7 : 148.3 : 150.8 : 153.4
Intraday Support of LEAD are 132.1 : 131.4 : 127.2 : 124.9 : 121.7 : 118.5 : 116.2 : 114

 

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