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MTECHTIPS MCX LEAD INTRADAY trading tips 03-11-2016

Wednesday, November 2, 2016 22:52
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MTECHTIPS MCX LEAD INTRADAY trading tips 03-11-2016

MTECHTIPS MCX Lead is in perfect uptrend .Currently Lead is in strong uptrend with good momentum 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 oscillator is showing BUY signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 136-135-132-128-126-. Immediate resistance for Lead is 142

Short term and Intraday Level of LEAD

Currently Lead is in HOLD LONG position Lead is in sideways and sellers was at high so for short term better buy above 138.8 or hold with stop at 134.9 The next resistance will be at 141.3 The oscillator is showing SELL signal

Intraday Trend- Buy is advised only above 138.8 with a stop at 136.9 Below 136.4 go for sell and put stop at 138.3





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