September 19, 2017

MTECHTIPS MCX LEAD INTRADAY trading tips 03-02-2017

MTECHTIPS Lead is in long- medium- short-medium- term bull phase .Currently Lead is moving sideways The Lead is now trading in overbought level. The Lead is now trading in overbought level. The oscillator is showing SELL signal .In last 3 weeks Lead is trading in low volatality and fresh Buy can be considered in the Lead if it close above165 or buy with strict stop at 144. 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 151-150-147-144-.Resistance for the Lead is 159-160-

Short term and Intraday Level of LEAD

 

Currently Lead is in HOLD LONG position Lead is in profit booking mode so either sell of or keep stop at157 so better sell and enter at lower level The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 159 with a stop at 156.1 Below 155.3 go for sell

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