MTECHTIPS MCX LEAD INTRADAY trading tips 18-11-2016
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 oscillator is on SELL signal and Lead is coming down from overbought level For short term The current position is BUY .Positionally Support for the Lead is 143-141-139-135-132-129-. Immediate resistance for Lead is 152
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position Lead is in profit booking mode so hold with stop at 145 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 149.3 with a stop at 145.5 Below 144.4 go for sell and put stop at 148.2.