LEAD TREND FOR TODAY-11-July-2013

Lead is in long- medium- short-medium- short- term bull phase .Currently Lead is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . 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 123-122-120-117-116-. Immediate resistance for Lead is 127

Short term and Intraday Level of LEAD

Currently Lead is in HOLD LONG position Lead is in sideways so for short term better buy above 126.4 with stop at 121.25 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 126.4 with a stop at 123.1 Below 122.1 go for sell and put stop at 125.4
Intraday Resistance of LEAD are 126.1 : 127.7 : 129.9 : 132.3 : 135.6 : 139.1 : 141.5 : 144
Intraday Support of LEAD are 122.4 : 120.8 : 118.7 : 116.5 : 113.4 : 110.3 : 108.1 : 105.9

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