Tuesday

Lead trend 26/03/2013

 Lead prices are expected to trade within the range from 120 to 117, one can trade within the range with a negative bias fresh selling expected below 117.

Trend updated for-Mar/26/2013.CMP-118 Overall trend of the Lead is bearish for medium-long term .Currently Lead is moving sideways The oscillator is on BUY Signal and Lead is recovering from oversold level .In last 1 month volatality is very less Buy the Lead above 122 or buy with strict stop at 116. 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 116.Resistance for the Lead is 119-121-126-
Currently Lead is in HOLD SHORT position Lead is moving sideways so short term investor better to buy only above 119.2 or hold with stop at 116.7 The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 118.9 with a stop at 117 Below 116.5 go for sell
Intraday Resistance of LEAD are 118.5/119.2/123.2/126.3/131.7/134.7/140.6/146.6
Intraday Support of LEAD are 116.9/116.2/112.7/109.8/104.8/102.2/97.2/92.3

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