Short term and Intraday Level of LEAD

Trend updated for-Mar/18/2013.CMP-120 Overall trend of the Lead is bearish for medium-long term .Currently Lead is in downtrend but volume is unsatisfactory 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 LONG position.Positionally Immediate support for Lead is 118.Resistance for the Lead is 121-124-126-127-

Currently Lead is in HOLD LONG position Lead is moving sideways so short term investor better to buy only above 122.45 with stop at 118.75 The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 120.9 with a stop at 118.8 Below 118.3 go for sell
Intraday Resistance of LEAD are 119.8/120/124.9/128.1/133.5/136.6/142.5/148.5
Intraday Support of LEAD are 119.4/119.2/114.4/111.4/106.5/103.8/98.7/93.8