Trend updated
for-Mar/28/2013.CMP-115 Overall trend of the 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 .. The oscillator is on BUY Signal and Lead is
recovering from oversold level For short term Lead is in HOLD
SHORT position.Positionally Immediate support for Lead is
113.Resistance for the Lead is 118-119-121-124-126-
Currently Lead is in HOLD SHORT position Lead
has formed a new 5 day low yesterday but failed to keep the trend so
if selling has to considered better below113.4 Buy if above 119.2 The
oscillator is showing SELL signal
Intraday Trend- Buy is advised above 116.2 with a stop at 114 Below 113.4 go for sell
Intraday Trend- Buy is advised above 116.2 with a stop at 114 Below 113.4 go for sell
Intraday Resistance of LEAD are 115.8/116.6/119.5/122.6/127.9/130.9/136.7/142.6
Intraday Support of LEAD are 113.8/113/109.3/106.4/101.5/98.9/93.9/89.2
No comments:
Post a Comment