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MTECHTIPS MCX LEAD INTRADAY trading tips 16-02-2017

Wednesday, February 15, 2017 23:46
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MTECHTIPS MCX LEAD INTRADAY trading tips 16-02-2017




MTECHTIPS Lead is in long- medium- term bull phase .Currently Lead is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 151-150-146-.Resistance for the Lead is 158-159-160-

Short term and Intraday Level of LEAD

Currently Lead is in HOLD LONG position Lead is moving sideways so short term investor better to buy only above 165.15 or hold with stop at 154.7 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 157.7 with a stop at 153.4 Below 152.2 go for sell





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