Trend updated
for-Mar/19/2013.CMP-117 Overall trend of the Lead is bearish for
medium-long term .Currently Lead is in strong downtrend and the trend
is supported with good volume The open interest is not increasing
with trend . Noting point is selling at lower levels seems
decreasing. 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 HOLD SHORT position and closed below
1 month low with volume signals down breakout.Positionally Immediate
support for Lead is 116.Resistance for the Lead is
120-121-123-126-127-
Lead and closed below 1 week low with volume signals down breakoutCurrently Lead is in HOLD SHORT position The Lead is in downtrend For short term buy only if close above 120.0 The oscillator is showing SELL signal
Intraday Trend- Buy is
advised above 118.6 with a stop at 116.5 Below 116 go for
sell
Intraday Resistance of LEAD are 118.1/118.9/120.3/122.9/126.1/131.5/134.5/140.4/146.4
Intraday Support of LEAD are 116.5/115.7/114.3/112.5/109.6/104.7/102/97/92.1
Intraday Resistance of LEAD are 118.1/118.9/120.3/122.9/126.1/131.5/134.5/140.4/146.4
Intraday Support of LEAD are 116.5/115.7/114.3/112.5/109.6/104.7/102/97/92.1
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