MTECHTIPS MCX LEAD INTRADAY trading tips 25-11-2016
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 . Cautious point is buying at higer levels seems decreasing. The Lead is now trading in overbought level. The Lead is now trading in overbought level. The oscillator is showing SELL signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 147-145-142-137-133-130-. Immediate resistance for Lead is 156
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position In short term Lead is in strong up trend so hold with stop at 149 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 155.6 with a stop at 152.1 Below 151.1 go for sell with stop at 154.6.