December 3, 2016

MTECHTIPS MCX LEAD INTRADAY trading tips 20-09-2016

MTECHTIPS MCX Lead is in perfect uptrend .Currently Lead is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Lead if it close above132 or buy with strict stop at 124. The oscillator is showing BUY signal For short term Lead is in HOLD LONG position. Position ally Support for the Lead is 127-125-122-121-. Immediate resistance for Lead is 132.

 

Short term and Intraday Level of LEAD

 

Currently Lead is in HOLD LONG position Lead is moving sideways with low volatality so short term investor better to buy if close above 131.0 close below 125.55 sell will happen. The Lead is now trading is approaching overbought level. The oscillator is showing BUY signal

 

Intraday Trend-Intraday better to buy above 133 and Sell if below128.5.

 

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