Tuesday 25 February 2014

LEAD TREND FOR TODAY-26-Feb-2014

Lead is bearish for medium-long term .Currently Lead is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Lead is in HOLD LONG position.Positionally Immediate support for Lead is 129.Resistance for the Lead is 133-134-135-
Short term and Intraday Level of LEAD
Currently Lead is in SELL position The Lead is in downtrend For short term buy only if close above 132.0 The Lead is now trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 131.5 with a stop at 129.4 Below 128.9 go for sell
Intraday Resistance of LEAD are 131.3 : 132.2 : 136 : 138.4 : 141.9 : 145.4 : 147.9 : 150.4
Intraday Support of LEAD are 129.1 : 128.2 : 124.6 : 122.2 : 119 : 115.9 : 113.6 : 111.4
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  2. Lead is is trading at Rs 130.80 per kg, up by 0.46 per cent, after opening at Rs 130.30, against a previous close of Rs 130.20.

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