MTECHTIPS MCX LEAD INTRADAY trading tips 06-01-2017

MTECHTIPS MCX LEAD INTRADAY trading tips 06-01-2017
MTECHTIPS Mcx Lead is bearish for medium-long term .Currently Lead is in strong downtrend 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 Lead is now trading in oversold level. The Lead is now trading in oversold level. The oscillator is showing BUY signal For short term Lead is in HOLD SHORT position.Positionally Support for the Lead is 137-.Resistance for the Lead is 142-144-148-
Short term and Intraday Level of LEAD

Currently Lead is in HOLD LONG position In short term Lead is in strong up trend so hold with stop at 137 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 140.6 with a stop at 137.5 Below 136.6 go for sell with stop at 139.7
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