Monday 14 January 2013

LEAD TREND FOR TODAY-15-JAN-2013


 Lead is in long- medium- term bull phase .Currently Lead is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Lead is in SELL position.Positionally Support for the Lead is 124-121-120-.Resistance for the Lead is 128-129-

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 127.0 The Lead is now trading is approaching oversold level. The Lead is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 126.4 with a stop at 124.3 Below 123.8 go for sell
Intraday Resistance of LEAD are 126.1/127.1/131/134.2/139.7/142.9/148.9/155.1
Intraday Support of LEAD are 124/123/120.2/117.1/112.1/109.3/104.1/99.1


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