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MTECHTIPS MCX LEAD INTRADAY trading tips 13-02-2017

Sunday, February 12, 2017 23:57
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MTECHTIPS MCX LEAD INTRADAY trading tips 13-02-2017



MTECHTIPS Lead is showing some down move and trend is strong momentum is also showing strength but volume is unsatisfactory The open interest is not increasing with trend . Caution note selling at lower levels seems decreasing. The oscillator is on SELL signal and Lead is coming down from overbought level For short term Lead is in SELL position and closed above 1 week high with volume signals up breakout.Positionally Support for the Lead is 158-157-155-150-149-145-. Immediate resistance for Lead is 163

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 156 The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 164.9 with a stop at 159.4 Below 157.7 go for sell with a stop at 163.3




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