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MTECHTIPS MCX LEAD INTRADAY trading tips 17-02-2017

Thursday, February 16, 2017 23:26
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MTECHTIPS MCX LEAD INTRADAY trading tips 17-02-2017


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 150-146-.Resistance for the Lead is 158-159-

Short term and Intraday Level of LEAD


Currently Lead is in HOLD SHORT position Lead has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below150.4 Buy if above 165.15 The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 156.3 with a stop at 151.7 Below 150.4 go for sell




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