LEAD TREND FOR TODAY-28-Aug-2013

Lead is in perfect uptrend .Currently Lead is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Lead is now trading in highly overbought level. The Lead is now trading in highly overbought level. The oscillator is showing SELL signal For short term Lead is in HOLD LONG position and closed above 3 week high with volume signals up breakout.Positionally Support for the Lead is 142-139-134-128-126-123-. Immediate resistance for Lead is 151
Short term and Intraday Level of LEAD
Lead closed above 1 week high with volume signals up breakoutCurrently Lead is in HOLD LONG position Lead has crossed the high so for short term better buy above 152.3 with stop at 140.1 Yesterday the up movement was with volume this also confirm an up break out The Lead is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy above 152.3 and keep stop below 146.8 Target is 154.7 next 158.8 Below 144.3 trend reversal can occur and next level is 140.2
Intraday Resistance of LEAD are 151.9 : 154.2 : 158.2 : 162 : 165.7 : 168.4 : 171.1
Intraday Support of LEAD are 147.1 : 144.8 : 140.8 : 137.5 : 134.1 : 131.7 : 129.3

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By Capital Stroke financial services

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