Thursday

Lead news

Trend updated for-Mar/21/2013.CMP-118 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 Lead is now trading in oversold level. The Goldm is now trading in overbought level. The oscillator is showing BUY signal For short term Lead is in HOLD SHORT position.Positionally Immediate support for Lead is 116.Resistance for the Lead is 120-122-126-127-
Currently Lead is in HOLD SHORT position Lead is showing some Up momentum So buy above 119.0 with stop at 116.4 The Lead is now trading is approaching oversold level. The oscillator is showing SELL signal

Intraday Trend- Buy is advised only above 120.1 with a stop at 117.1 Below 116.3 go for sell and put stop at 119.3
Intraday Resistance of LEAD are 118.9/119.5/123.3/126.4/131.8/134.8/140.7/146.7
Intraday Support of LEAD are 117.5/116.9/112.8/109.9/104.9/102.3/97.3/92.4

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