February 27, 2017

MTECHTIPS MCX LEAD INTRADAY trading tips 12-01-2017

MTECHTIPS Mcx Lead is in long- short-medium- short- term bull phase .Currently Lead is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 145-143-139-.Resistance for the Lead is 149-

Short term and Intraday Level of LEAD

 

Currently Lead is in HOLD LONG position Lead has formed new high but the trend looks weak so better buy above 149.7 The Lead is now trading is approaching overbought level. The oscillator is showing BUY signal

Intraday Trend- Sell if open below 143.7 with stop loss at 147.9or sell below 141.9 Buy is not advised till it cross 149.7

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