MTECHTIPS MCX LEAD INTRADAY trading tips 21-11-2016
MTECHTIPS Lead is in long- medium- short-medium- short- term bull phase .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 showing BUY signal For short term The current position is BUY .Positionally Support for the Lead is 141-139-136-132-129-. Immediate resistance for Lead is 152
Short term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position Lead is in sideways so for short term better buy above 151.35 with stop at 143.75 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 147.1 with a stop at 143.7 Below 142.7 go for sell.