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MTECHTIPS MCX LEAD INTRADAY trading tips 15-03-2017
MTECHTIPS Lead is bearish for medium-long term .Currently Lead is moving sideways The oscillator is on BUY Signal and Lead is recovering from oversold level and has moved down its previous low with good volume points to a negative break out . The oscillator is on BUY Signal and Lead is recovering from oversold level For short term Lead is in HOLD SHORT position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Lead is 143.Resistance for the Lead is 151-153-154-
Short term and Intraday Level of LEAD
Lead and closed below 1 week low with volume signals down breakoutCurrently Lead is in HOLD SHORT position Lead is in sideways so if buying has to considered better above151.95 or hold with stop at 144.0 The oscillator is showing SELL signal
Intraday Trend- Sell if open below 144.1 or sell below 142.1 with stop loss at 148.6 Buy if open above 148.6 or buy above 150.6 with stop loss at 144.1
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