MTECHTIPS MCX LEAD INTRADAY trading tips 10-04-2017
MTECHTIPS MCX LEAD INTRADAY trading tips 10-04-2017
MTECHTIPS Lead is bearish for medium-long term.Currently Lead is showing some down move and trend is strong momentum is also showing strength but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Lead is in HOLD SHORT position and closed below 3 week low with volume signals down breakout.Positionally Immediate support for Lead is 142.Resistance for the Lead is 150-151-152-153-
Short term and Intraday Level of LEAD
Lead and closed below 1 week low with volume signals down breakoutCurrently Lead is in SELL position Lead is in sideways so if buying has to considered better above152.25 or hold with stop at 143.15 The oscillator is showing SELL signal
Intraday Trend- Sell if open below 143.2 or sell below 141.6 with stop loss at 147.1 Buy if open above 147.1 or buy above 148.7 with stop loss at 143.2
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