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MTECHTIPS MCX LEAD INTRADAY trading tips 23-02-2017

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



MTECHTIPS  Lead is in long- medium- 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 150-147-.Resistance for the Lead is 157-158-

Short term and Intraday Level of LEAD


Currently Lead is in HOLD SHORT position The Lead is in downtrend For short term buy only if close above 155.0 The Lead is now trading in highly oversold level. The oscillator is showing BUY signal

Intraday Trend- Buy is advised only above 154.6 with a stop at 151.3 Below 150.4 go for sell and put stop at 153.7




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