Lead news

Trend updated for-Apr/06/2013.CMP-112 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 Noting point is selling at lower levels seems decreasing. 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 114-116-118-122-124-

Currently Lead is in HOLD SHORT position Lead is in down trend so buy above 114.0 The sell will again come if below 110.7 The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 114.1 with a stop at 110.6 Below 109.6 go for sell
Intraday Resistance of LEAD are 112.5/113.2/114.3/117.7/120.8/126.1/129.1/134.8/140.7
Intraday Support of LEAD are 111.2/110.5/109.4/107.5/104.7/99.9/97.2/92.4/87.6