Trend updated
for-Apr/02/2013.CMP-115 Overall trend of the Lead is bearish for
medium-long term .Currently Lead is in strong downtrend but volume is
unsatisfactory The open interest is not increasing with trend .. The
oscillator is showing SELL signal For short term Lead is in SELL
position.Positionally Immediate support for Lead is 113.Resistance
for the Lead is 117-119-124-126-
Currently Lead is in HOLD SHORT position Lead
is moving sideways so short term investor better to buy if close
above 118.15 closing below 113.2 Sell will happen. The Lead is now
trading is approaching oversold level. The oscillator is showing BUY
signal
Intraday Trend- Buy is advised only above 116.3 with a stop at 114.3 Below 113.8 go for sell and put stop at 115.7
Intraday Resistance of LEAD are 115.8/116.4/119.9/123/128.3/131.3/137.1/143
Intraday Support of LEAD are 114.2/113.6/109.6/106.7/101.8/99.2/94.3/89.5
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