MTECHTIPS MCX LEAD INTRADAY trading tips 14-10-2016
MTECHTIPS MCX Lead is in long- medium- short-medium- term bull phase .Currently Lead is moving sideways The oscillator is showing SELL signal and has moved down its previous low. The oscillator is showing SELL signal For short term Lead is in HOLD LONG position. Positionally Support for the Lead is 132-128-126-124-.Resistance for the Lead is 136-138-
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 below131.2 Buy if above 140.6 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 134.9 with a stop at 132 Below 131.2 go for sell.