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Tuesday, 29 January 2013

LEAD TREND FOR TODAY-30-JAN-2013


Lead is in perfect uptrend .Currently Lead is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Lead Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 126-125-123-121-. Immediate resistance for Lead is 130

Short term and Intraday Level of LEAD

Currently Lead is in HOLD LONG position Lead is in profit booking mode so hold with stop at 127 The Lead is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 129.3 with a stop at 127.8 Below 127.4 go for sell and put stop at 128.9
Intraday Resistance of LEAD are 129/129.6/133.7/136.9/142.6/145.7/151.8/158.1
Intraday Support of LEAD are 127.7/127.1/122.8/119.7/114.6/111.8/106.5/101.4


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1 comments :

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