MTECHTIPS MCX LEAD INTRADAY trading tips 16-11-2016
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 141-140-138-134-131-129-. Immediate resistance for Lead is 152
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 144 The Lead is now trading is approaching overbought level. The oscillator is on SELL signal and Lead is coming down from overbought level
Intraday Trend- Buy if open above 151.8 with a stop at 147.9 or buy above 153.5 Below 146.2 go for sell or sell if open below147.9.