MTECHTIPS MCX LEAD INTRADAY trading tips 01-02-2017
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 higer levels seems decreasing. The Lead is now trading in overbought level. The Lead is now trading in overbought level. The oscillator is showing SELL signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 158-155-150-149-147-143-. Immediate resistance for Lead is 165
Short term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position Lead is in sideways so for short term better buy above 163.65 with stop at 155.1 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 161.6 with a stop at 158.4 Below 157.6 go for sell and put stop at 160.8.