December 9, 2016

MTECHTIPS MCX LEAD INTRADAY trading tips 30-09-2016

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. Cautious point is buying at higher levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Position ally Support for the Lead is 130-129-125-124-122-. Immediate resistance for Lead is 139

Short term and Intraday Level of LEAD

 

Currently Lead is in HOLD LONG position Lead has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 141.5 with stop at 126.55 The oscillator is showing BUY signal

Intraday Trend- Buy is advised only above 141.5 with a stop at 136.4 Below 134.9 go for sell and put stop at 140

 

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