MTECHTIPS MCX LEAD INTRADAY trading tips 05-01-2017
MTECHTIPS MCX LEAD INTRADAY trading tips 05-01-2017
MTECHTIPS Mcx Lead is in long- term bull phase .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 BUY signal For short term Lead is in SELL position.Positionally Support for the Lead is 138-137-.Resistance for the Lead is 143-144-148-149-
Short term and Intraday Level of LEAD
Lead closed above 1 week high with volume signals up breakoutCurrently Lead is in HOLD LONG position In short term Lead is in strong up trend so hold with stop at 136 Very Short term investor please cautious on Lead as it is moving with low volatality The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 143.7 with a stop at 139.9 Below 138.8 go for sell with a stop at 142.6
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