MTECHTIPS MCX LEAD INTRADAY trading tips 22-11-2016
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 144-142-140-136-132-130-. Immediate resistance for Lead is 152
Short term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position Lead is showing some Up momentum So buy above 148.0 with stop at 143.75 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 149.6 with a stop at 146.2 Below 145.3 go for sell and put stop at 148.7.