MTECHTIPS MCX LEAD INTRADAY trading tips 04-10-2016
MTECHTIPS 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 .. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Lead is 132-131-130-126-125-122-. Immediate resistance for Lead is 145
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 136 The Lead is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- Sell if open below 137.1 or sell below 135.3 with stop loss at 141.2 Buy if open above 141.2 or buy above 143 with stop loss at 137.1.