Trend updated
for-Apr/10/2013.CMP-113 Overall trend of the Lead is bearish for
medium-long term .Currently Lead is in strong downtrend with good
momentum 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 on BUY Signal and
Lead is recovering from oversold level For short term Lead is in SELL
position.Positionally Immediate support for Lead is 111.Resistance
for the Lead is 115-117-121-123-124-
Currently Lead is in HOLD SHORT position Lead
is showing some Up momentum So buy above 113.0 with stop at 111.2 The
oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 115.6 with a stop at 112.1 Below 111.1 go for sell and put stop at 114.6
Intraday Resistance of LEAD are 114.1/114.8/118.4/121.5/126.8/129.8/135.5/141.4
Intraday Support of LEAD are 112.6/111.9/108.2/105.3/100.5/97.8/93/88.2
Intraday Trend- Buy is advised only above 115.6 with a stop at 112.1 Below 111.1 go for sell and put stop at 114.6
Intraday Resistance of LEAD are 114.1/114.8/118.4/121.5/126.8/129.8/135.5/141.4
Intraday Support of LEAD are 112.6/111.9/108.2/105.3/100.5/97.8/93/88.2
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