MTECHTIPS MCX LEAD INTRADAY trading tips 05-10-2016
MTECHTIPS MCX Lead is in perfect uptrend .Currently Lead is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Lead is 132-130-126-125-122-. Immediate resistance for Lead is 145
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position Lead is in profit booking mode so either sell of or keep stop at137 so better sell and enter at lower level The Lead is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 139.7 with a stop at 136.7 Below 135.8 go for sell.