MTECHTIPS MCX LEAD INTRADAY trading tips 29-09-2016
MTECHTIPS 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 showing SELL signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 129-128-125-124-121-. Immediate resistance for Lead is 134
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position Lead is in sideways and sellers was at high so for short term better buy above 135.5 or hold with stop at 126.55 The next resistance will be at 133.35 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 135.5 with a stop at 131.9 Below 130.9 go for sell and put stop at 134.5.