Wednesday 19 February 2014

LEAD TREND FOR TODAY-20-Feb-2014

Lead is bearish for medium-long term .Currently Lead is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Lead is in HOLD LONGposition.Positionally Support for the Lead is 132-131-.Resistance for the Lead is 135-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position In short term Lead is in strong up trend so hold with stop at 132 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 135 with a stop at 132.3 Below 131.6 go for sell with stop at 134.3
Intraday Resistance of LEAD are 134.7 : 135.9 : 139.1 : 141.6 : 145.1 : 148.6 : 151.2 : 153.7
Intraday Support of LEAD are 131.9 : 130.7 : 127.6 : 125.3 : 122 : 118.8 : 116.5 : 114.3
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    CS GOLD (APRIL) OVERVIEW:
    TREND CONSOLIDATE
    SUP1:29520
    SUP2:29320
    RESIST1:30300
    RESIST2:30520
    TRADING STRATEGY: BUY ON DIPS
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