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 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
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
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