Lead news

Trend updated for-Apr/03/2013.CMP-112 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 Lead is now trading in oversold level. The Lead is now trading in oversold level. The oscillator is showing SELL signal For short term Lead is in SELL position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Lead is 112.Resistance for the Lead is 116-117-119-123-124-126-

Lead and closed below 1 week low with volume signals down breakoutCurrently Lead is in HOLD SHORT position Lead has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below110.9 Buy if above 116.4 The Lead is now trading is approaching oversold level. The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 113.4 with a stop at 111.4 Below 110.9 go for sell

Intraday Resistance of LEAD are 112.9/113.6/114.9/118.1/121.2/126.5/129.5/135.2/141.1
Intraday Support of LEAD are 111.4/110.7/109.4/107.9/105/100.2/97.6/92.7/88