MTECHTIPS MCX LEAD INTRADAY trading tips 18-10-2016
MTECHTIPS MCX Lead is in long- medium- term bull phase .Currently Lead is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Lead above 145 or buy with strict stop at 126. The oscillator is showing SELL signal For short term Lead is in HOLD SHORT position.Positionally Support for the Lead is 128-126-124-.Resistance for the Lead is 134-137-138-
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 136.0 The Lead is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 134.2 with a stop at 132.2 Below 131.7 go for sell.