Trend updated
for-Apr/01/2013.CMP-115 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 oscillator is showing SELL signal For short term Lead
is in HOLD SHORT position.Positionally Immediate support for
Lead is 113.Resistance for the Lead is 117-118-120-124-126-
Currently Lead is in HOLD SHORT position Lead
is in down trend so buy above 116.0 The sell will again come if below
113.2 The Lead is now trading is approaching oversold level. The
oscillator is showing BUY signal
Intraday Trend- Buy is advised above 116.1 with a stop at 114.1 Below 113.6 go for sell
Intraday Resistance of LEAD are 115.9/116.7/119.8/122.9/128.2/131.3/137/143
Intraday Support of LEAD are 113.8/113/109.6/106.6/101.8/99.1/94.2/89.4
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