Monday 9 December 2013

LEAD TREND FOR TODAY-10-Dec-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 oscillator is showing SELL signal For short term Lead is in HOLD SHORT position.Positionally Immediate support for Lead is 126.Resistance for the Lead is 130-131-132-134-135-

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 129.5 with stop at 126.75 The Lead is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 129.5 with a stop at 127.5 Below 127 go for sell and put stop at 129
Intraday Resistance of LEAD are 129.2 : 130.1 : 134 : 136.4 : 139.8 : 143.3 : 145.8 : 148.3
Intraday Support of LEAD are 127.3 : 126.4 : 122.7 : 120.4 : 117.2 : 114 : 111.8 : 109.6

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1 comments :

  1. Today's Trends
    LEAD (31 DEC) TREND: CONSOLIDATE
    RES 1: 131
    RES 2: 132.50
    SUPP 1: 128
    SUPP 2: 126.50
    STRATEGY: BUY ON DIPS nifty options trading strategies

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