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MTECHTIPS MCX LEAD INTRADAY trading tips 04-01-2017

Wednesday, January 4, 2017 0:20
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MTECHTIPS MCX LEAD INTRADAY trading tips 04-01-2017



MTECHTIPS Mcx Lead is bearish for medium-long term .Currently Lead is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Lead is now trading in oversold level. The Lead is now trading in oversold level. The oscillator is showing SELL signal For short term Lead is in SELL position.Positionally Immediate support for Lead is 131.Resistance for the Lead is 140-144-148-149-

Short term and Intraday Level of LEAD


Currently Lead is in HOLD SHORT position Lead is moving sideways with low volatality so short term investor better to buy if close above 142.9 close below 132.0 sell will happen. The oscillator is showing BUY signal

Intraday Trend-Intraday better to buy above 142 and Sell if below133.9




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