Lead news

Trend updated for-Apr/11/2013.CMP-114 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 Support for the Lead is 113-.Resistance for the Lead is 117-121-123-124-

Currently Lead is in HOLD LONG position Lead has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 114.8 with stop at 111.2 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 114.8 with a stop at 113 Below 112.5 go for sell and put stop at 114.3
Intraday Resistance of LEAD are 114.6/115.4/118.9/122/127.3/130.3/136.1/142
Intraday Support of LEAD are 112.7/111.9/108.7/105.8/100.9/98.3/93.4/88.6