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MTECHTIPS MCX LEAD INTRADAY trading tips 14-02-2017
MTECHTIPS Lead is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is on SELL signal and Lead is coming down from overbought level For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 158-156-151-149-146-. Immediate resistance for Lead is 166
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position Lead is moving sideways so short term investor better to buy only above 165.15 or hold with stop at 155.25 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 164.7 with a stop at 160.9 Below 159.8 go for sell
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