MTECHTIPS MCX LEAD INTRADAY trading tips 23-09-2016
MTECHTIPS MCX Lead is in long- medium- short-medium- term bull phase .Currently Lead is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 127-125-123-121-. Immediate resistance for Lead is 134
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position Lead is moving sideways so short term investor better to buy only above 132.8 with stop at 128.85 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 131.4 with a stop at 128.1 Below 127.2 go for sell.