LEAD TREND FOR TODAY-30-March-2013

1 Apr

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Lead is bearish for medium-long term .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 HOLD SHORT position.Positionally Immediate support for Lead is 113.Resistance for the Lead is 117-118-120-124-126-

Short term and Intraday Level of LEAD

Currently Lead is in HOLD SHORT position The Lead is in downtrend For short term buy only if close above 117.0 The oscillator is showing SELL signal
Intraday Trend– Buy is advised above 116.6 with a stop at 114.6 Below 114 go for sell
Intraday Resistance of LEAD are 116.3/117.2/120.6/123.7/129.1/132.1/137.9/143.8
Intraday Support of LEAD are 114.3/113.4/110.3/107.4/102.5/99.8/94.9/90.1
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