Trend updated
for-Apr/09/2013.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 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 113-115-117-121-123-124-
Currently Lead is in HOLD LONG position Lead
is moving sideways so short term investor better to buy only above
114.9 with stop at 110.7 The oscillator is showing SELL
signal
Intraday Trend- Buy is advised above 114.4 with a stop at 110.9 Below 109.9 go for sell
Intraday Resistance of LEAD are 112.8/113.3/117.4/120.5/125.8/128.8/134.5/140.4
Intraday Support of LEAD are 111.5/111/107.3/104.4/99.6/97/92.1/87.4
Intraday Trend- Buy is advised above 114.4 with a stop at 110.9 Below 109.9 go for sell
Intraday Resistance of LEAD are 112.8/113.3/117.4/120.5/125.8/128.8/134.5/140.4
Intraday Support of LEAD are 111.5/111/107.3/104.4/99.6/97/92.1/87.4
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