MTECHTIPS MCX LEAD INTRADAY trading tips 10-10-2016
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 .. 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 135-133-131-127-125-123-. Immediate resistance for Lead is 145
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 139.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 140.4 with a stop at 137.5 Below 136.7 go for sell and put stop at 139.6.