MTECHTIPS MCX LEAD INTRADAY trading tips 20-12-2016

MTECHTIPS MCX LEAD INTRADAY trading tips 20-12-2016
MTECHTIPS Mcx Lead is in long- 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 SELL position.Positionally Support for the Lead is 141-136-.Resistance for the Lead is 155-156-157-
Short term and Intraday Level of LEAD

Currently Lead is in HOLD SHORT position The Lead is in downtrend For short term buy only if close above 156.0 The oscillator is showing SELL signal
Intraday Trend- Sell if open below 143.9 or sell below 141.5 with stop loss at 149.1 Buy if open above 149.1 or buy above 151.5 with stop loss at 143.9.
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