Wednesday 23 January 2013

LEAD TREND FOR TODAY-24-JAN-2013


Lead is in perfect uptrend .Currently Lead is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The Lead is now trading in oversold level. The Lead is now trading in oversold level. The oscillator is showing BUY signal For short term Lead is in SELL position and closed above 1 week high with volume signals up breakout.Positionally Support for the Lead is 126-125-123-121-. Immediate resistance for Lead is 128

Short term and Intraday Level of LEAD

Lead closed above 1 week high with volume signals up breakoutCurrently Lead is in HOLD LONG position Lead is in sideways and sellers was at high so for short term better buy above 128 or hold with stop at 123.1 The next resistance will be at 127.25 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 128 with a stop at 125.8 Below 125.3 go for sell and put stop at 127.5
Intraday Resistance of LEAD are 127.9/128.9/131.8/135/140.6/143.7/149.8/156
Intraday Support of LEAD are 125.4/124.4/121/117.9/112.8/110/104.8/99.8



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