MTECHTIPS MCX LEAD INTRADAY trading tips 23-11-2016

MTECHTIPS MCX LEAD INTRADAY trading tips 23-11-2016
MTECHTIPS 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 . Cautious point is buying at higer levels seems decreasing. The oscillator is on SELL signal and Lead is coming down from overbought level For short term The current position is BUY .Positionally Support for the Lead is 145-143-140-136-133-130-. Immediate resistance for Lead is 152
Short term and Intraday Level of LEAD

Currently Lead is in HOLD LONG position Lead has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 150.8 with stop at 143.75 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 150.8 with a stop at 148.2 Below 147.6 go for sell and put stop at 150.2



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