MTECHTIPS MCX LEAD INTRADAY trading tips 28-10-2016
MTECHTIPS Mcx Lead is in perfect uptrend .Currently Lead is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Lead if it close above142 or buy with strict stop at 130. The oscillator is showing BUY signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 135-134-133-130-128-125-. Immediate resistance for Lead is 142
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 138.2 with stop at 132.8 The Lead is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 138 with a stop at 135.5 Below 134.8 go for sell.