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MTECHTIPS MCX LEAD INTRADAY trading tips 15-02-2017
MTECHTIPS long- medium- short-medium- term bull phase .Currently Lead is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 156-151-150-146-.Resistance for the Lead is 160-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position Lead has formed new high but the trend looks weak so better buy above 161.5 The oscillator is showing BUY signal
Intraday Trend- Sell if open below 155.5 with stop loss at 159.7 or sell below 153.7Buy is not advised till it cross 161.5
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