Mtechtips LEAD MCX  intraday trading analysis 17-12-2012

Mcx lead dec future Short term traders stay long and hold longs.122.5 is trailing stoploss level on closing basis.on upside after closing above 125 we will expect sharp short covering rally in market and may show 130+ in next week? medium to long term traders and investors follow market sentiment stay not buy here as risk:reward ratio is bad.upside 130-135 are targets for next 3-4 weeks view.





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