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MTECHTIPS MCX LEAD INTRADAY trading tips 22-02-2017

Tuesday, February 21, 2017 23:47
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MTECHTIPS MCX LEAD INTRADAY trading tips 22-02-2017



MTECHTIPS  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 oscillator is showing SELL signal For short term Lead is in SELL position.Positionally Support for the Lead is 147-.Resistance for the Lead is 153-157-158-

Short term and Intraday Level of LEAD

Currently Lead is in HOLD SHORT position Lead is in down trend so buy above 155.0 The sell will again come if below 150.65 The Lead is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 154.2 with a stop at 149.9 Below 148.7 go for sell





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