Lead news

Intraday Trend- Buy is advised above 124.3 with a stop at 122.6 Below 122.2 go for sell with a stop at 123.9

Intraday Resistance of LEAD are 124.1 : 124.8 : 128.9 : 131.2 : 134.6 : 138 : 140.5 : 142.9

Intraday Support of LEAD are 122.4 : 121.7 : 117.8 : 115.5 : 112.4 : 109.3 : 107.2 : 105

Copper Technical Analysis

Copper Technical Analysis  - Prices are testing through support at the bottom of a bearish Flag continuation pattern (3.086) and the 38.2% Fibonacci expansion at 3.067. A break below the latter level targets the 50% level at 3.016. Near-term resistance is at 3.130, the 23.6% Fib.

Lead news

Intraday Trend- Buy is advised only above 124 with a stop at 122.1 Below 121.6 go for sell and put stop at 123.5

Intraday Resistance of LEAD are 123.7 : 124.5 : 128.4 : 130.8 : 134.1 : 137.5 : 140 : 142.5
Intraday Support of LEAD are 121.9 : 121.1 : 117.3 : 115.1 : 112 : 108.9 : 106.7 : 104.6

Copper Technical Analysis

Copper Technical Analysis (COMEX E-Mini) - Prices are consolidating below resistance at the top of a rising channel (3.232), a barrier reinforced by the 23.6% Fibonacci retracement at 3.221. A break above that eyes a horizontal pivot at 3.270. Near-term support is at 3.112, the 38.2% level.

Lead news

Lead prices are trading in a narrow range we expected prices to trade sideways from 120.00 to 123.00 for trading one can sell around 122.00 with a stop above 123.30

Nickel prices are expected to trade within the range from 830 to 800. One can trade within the range with a negative bias.

LEAD TREND & INTRADAY LEVELS

Currently Lead is in HOLD SHORT position Lead is showing some Up momentum So buy above 122.0 with stop at 120.65 The oscillator is showing SELL signal

Intraday Trend- Buy is advised only above 122.2 with a stop at 121 Below 120.8 go for sell and put stop at 122

Intraday Resistance of LEAD are 122 : 122.4 : 127.1 : 129.4 : 132.8 : 136.2 : 138.6 : 141.1

Intraday Support of LEAD are 121 : 120.6 : 116.1 : 113.8 : 110.7 : 107.7 : 105.5 : 103.4

Lead free tips

Trend updated for-Jul/26/2013.CMP-122 The Lead is in long- term bull phase .Currently Lead is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Lead above 127 or buy with strict stop at 120. The oscillator is showing SELL signal For short term Lead is in SELL position.Positionally Support for the Lead is 121-119-117-.Resistance for the Lead is 123-

Intraday Trend- Buy is advised only above 123.1 with a stop at 121.3 Below 120.9 go for sell and put stop at 122.7

Intraday Resistance of LEAD are 122.9 : 123.6 : 127.6 : 129.9 : 133.3 : 136.7 : 139.1 : 141.6
Intraday Support of LEAD are 121.1 : 120.4 : 116.5 : 114.3 : 111.2 : 108.2 : 106 : 103.9

Lead Metal News

MCX Lead July : Sell around 121.50 levels with a stop loss placed above 122.50 levels for targets of 119 levels.
MCX Nickel July : Sell around 840 levels with a stop loss placed above 852 levels for targets of 820 levels.
MCX Aluminium July : Sell around 106.50 levels with a stop loss placed above 107.50 levels for targets of 104 levels.
(http://wwwmoneycontrol.com/news/brokerage-recos-commodities/sell-mcx-gold-august-target-rs-26900-geojit-comtrade_925167html)

Todays Copper News

Copper Technical Analysis (COMEX E-Mini) - Prices are consolidating below resistance at the top of a rising channel (3.232), a barrier reinforced by the 23.6% Fibonacci retracement at 3.221. A break above that eyes a horizontal pivot at 3.270. Near-term support is at 3.112, the 38.2% level.

Todays lead news

Currently Lead is in HOLD LONG position Lead is in sideways and sellers was at high so for short term better buy above 122.9 or hold with stop at 120.2 The next resistance will be at 122.4 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 122.9 with a stop at 121.4 Below 121.1 go for sell and put stop at 122.6

Intraday Resistance of LEAD are 122.7 : 123.3 : 127.6 : 129.9 : 133.3 : 136.7 : 139.1 : 141.6
Intraday Support of LEAD are 121.3 : 120.7 : 116.5 : 114.3 : 111.2 : 108.2 : 106 : 103.9

LEAD TREND & INTRADAY LEVELS

Trend updated for-Jul/24/2013.CMP-122 The Lead is in long- term bull phase .Currently Lead is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Lead is in SELL position.Positionally Support for the Lead is 119-117-.Resistance for the Lead is 123-

Short term and Intraday Level of LEAD

Currently Lead is in HOLD LONG position In short term Lead is in strong up trend so hold with stop at 121 The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 123.1 with a stop at 121.5 Below 121.2 go for sell with a stop at 122.8

Intraday Resistance of LEAD are 122.9 : 123.5 : 127.7 : 130.1 : 133.5 : 136.8 : 139.3 : 141.8
Intraday Support of LEAD are 121.4 : 120.8 : 116.7 : 114.5 : 111.3 : 108.3 : 106.1 : 104

Lead News

Trend updated for-Jul/23/2013.CMP-122 The Lead is in long- term bull phase .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 Support for the Lead is 118-117-.Resistance for the Lead is 123

Intraday Level of LEAD

Intraday Trend-Intraday better to buy above 124 and Sell if below119.5

Intraday Resistance of LEAD are 122.9 : 123.8 : 127.3 : 129.7 : 133 : 136.4 : 138.9 : 141.3
Intraday Support of LEAD are 120.6 : 119.7 : 116.3 : 114.1 : 111 : 107.9 : 105.8 : 103.6

Crude Oil Weekly Technical Outlook

 Crude Oil Technical Outlook

Crude oil's rally continued last week and reached as high as 109.32. Near term outlook stays bullish and further rise should be seen this week to 110.55/114.83 resistance zone. Break will have larger bullish implications. On the downside, break of 105.11 is needed to indicate short term topping. Otherwise, outlook will stay bullish.

In the bigger picture, price actions from 114.83 are viewed as a triangle consolidation pattern. Current development argues that is might be completed already and the larger up trend from 33.2 is possibly resuming. Break of 110.55 will affirm this case and would target 114.83 and above. Though, a break below 99.01 support will extend the sideway pattern from 114.83 instead.

In the long term picture, crude oil is in a long term consolidation pattern from 147.27, with first wave completed at 33.2. The corrective structure of the rise from 33.2 indicates that it's second wave of the consolidation pattern. While it could make another high above 114.83, we'd anticipate strong resistance ahead of 147.24 to bring reversal for the third leg of the consolidation pattern

Todays lead news

.Nirmal Bang's report on metals & energy

Gold price are expected to trade positive prices are expected to test 26900 26950 on higher end. One can buy around 26650 - 26600 maintaining a stop loss below 26400.

Silver prices are holding 39800 as support one can buy the white metal maintaining a stop below 39800. Prices are expected to test 41000 -41250 on higher end.

Copper price are expected to trade sideways from 411 to 421 for trading one can buy with a stop loss below 411.

Lead prices are expected to trade sideways from 120 to 123.50 for trading one can buy around 121.00 with a stop below 120.

Nickel prices are expected to trade within the range from 820 to 845 for the day. One can trade within the range with a negative bias and sell on rise around 840 -843 with a stop loss above 849

Crude oil prices are expected to witness buying to continue one can buy on dips at 6420 with a stop loss below 6370 price are expected to test 6520.

Intraday Level of LEAD

Trend updated for-Jul/19/2013.CMP-122 The Lead is in long- term bull phase .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 .. The oscillator is showing SELL signal For short term Lead is in SELL position.Positionally Support for the Lead is 118-117-.Resistance for the Lead is 123-

 Intraday Level of LEAD

Intraday Trend- Buy is advised only above 122.9 with a stop at 120.7 Below 120.1 go for sell and put stop at 122.3

Intraday Resistance of LEAD are 122.7 : 123.7 : 127.1 : 129.4 : 132.8 : 136.2 : 138.6 : 141.1
Intraday Support of LEAD are 120.3 : 119.3 : 116.1 : 113.8 : 110.7 : 107.7 : 105.5 : 103.4

US DOLLAR TECHNICAL ANALYSIS

US DOLLAR TECHNICAL ANALYSIS – Prices are testing falling trend line resistance set from the July 8 high (now at 10860), with a break above that targeting the 23.6% Fibonacci retracement at 10882. Near-term support is in the 10790-803 area, marked by the 38.2% level and the June 24 high. A move beneath that initially eyes the 50% Fib at 10739.

Daily Chart - Created Using FXCM Marketscope 2.0

Intraday Level of LEAD

Trend updated for-Jul/18/2013.CMP-120 The Lead is in long- term bull phase .Currently Lead is in strong downtrend with good momentum but volume is unsatisfactory 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 HOLD SHORT position and closed below 3 week low with volume signals down breakout.Positionally Support for the Lead is 118-117-.Resistance for the Lead is 122-123-124

 Intraday Level of LEAD

Intraday Trend- Buy is advised above 122.1 with a stop at 119.1 Below 118.3 go for sell

Intraday Resistance of LEAD are 121.8 : 123.2 : 125.7 : 128.1 : 131.4 : 134.8 : 137.2 : 139.7
Intraday Support of LEAD are 118.6 : 117.2 : 114.8 : 112.6 : 109.5 : 106.5 : 104.3 : 102.2

lead metal news

Trend updated for-Jul/17/2013.CMP-122 The Lead is in long- term bull phase .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 .. The oscillator is showing SELL signal For short term Lead is in HOLD SHORT position.Positionally Support for the Lead is 118-117-.Resistance for the Lead is 123-124

 Intraday Level of LEAD

ntraday Trend- Buy is advised only above 123 with a stop at 121.2 Below 120.7 go for sell and put stop at 122.5

Intraday Resistance of LEAD are 122.7 : 123.5 : 127.4 : 129.8 : 133.1 : 136.5 : 139 : 141.4
Intraday Support of LEAD are 121 : 120.2 : 116.4 : 114.2 : 111.1 : 108 : 105.9 : 103.7