MTECHTIPS MCX LEAD INTRADAY trading tips 17-11-2016
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 . Cautious point is buying at higer levels seems decreasing. The Goldm is now trading in overbought level. The oscillator is showing SELL signal For short term The current position is BUY .Positionally Support for the Lead is 142-140-138-135-131-129-. 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 145 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 149.8 with a stop at 144.3 Below 142.7 go for sell with stop at 148.2.