MTECHTIPS MCX LEAD INTRADAY trading tips 30-11-2016
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 . In last few days lot of positive accumulation happened in the Lead. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Lead is 152-150-145-139-135-132-. Immediate resistance for Lead is 177
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position In Lead is in up trend but last day trend was weak so adhere to stop at 158 The Lead is now trading is approaching overbought level. The oscillator is on SELL signal and Lead is coming down from overbought level
Intraday Trend- Sell if open below 157.9 with stop loss at 164.1 Buy is advised only above 167.