Trend updated
for-Apr/05/2013.CMP-114 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 . In
last few days volume based selling happened in the Lead. The
oscillator is showing SELL signal For short term Lead is in SELL
position.Positionally Immediate support for Lead is 111.Resistance
for the Lead is 115-116-118-122-124-
Currently Lead is in HOLD SHORT position The
Lead is in downtrend For short term buy only if close above 114.0 The
oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 116.3 with a stop at 112.7 Below 111.7 go for sell and put stop at 115.2
Intraday Resistance of LEAD are 115/116/117.7/118.5/121.6/126.9/129.9/135.6/141.5
Intraday Support of LEAD are 112.9/111.9/110.2/108.3/105.4/100.6/97.9/93.1/88.3
Intraday Trend- Buy is advised only above 116.3 with a stop at 112.7 Below 111.7 go for sell and put stop at 115.2
Intraday Resistance of LEAD are 115/116/117.7/118.5/121.6/126.9/129.9/135.6/141.5
Intraday Support of LEAD are 112.9/111.9/110.2/108.3/105.4/100.6/97.9/93.1/88.3
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