MTECHTIPS MCX LEAD INTRADAY trading tips 28-11-2016
MTECHTIPS MCX 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 Lead is now trading in overbought level. The Lead is now trading in overbought level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Lead is 149-147-143-138-134-131-. Immediate resistance for Lead is 167
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 151 The Lead is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- is in intraday buy level better buy above 169.8 or in low buy above 160.4 Target is 174.2 next 181.6 Below 156 trend reversal can occur so keep long stop at 156.