Monday 28 October 2013

LEAD TREND FOR TODAY-28-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 132-130-.Resistance for the Lead is 136-

Short term and Intraday Level of LEAD

Currently Lead is in HOLD SHORT position Lead is in sideways so for short term better buy above 135.15 with stop at 131.6 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 135.9 with a stop at 133.4 Below 132.8 go for sell and put stop at 135.2
Intraday Resistance of LEAD are 135.6 : 136.6 : 140.2 : 142.6 : 146.1 : 149.7 : 152.2 : 154.8
Intraday Support of LEAD are 133 : 132 : 128.6 : 126.2 : 123 : 119.7 : 117.5 : 115.2

 

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