MTECHTIPS MCX LEAD INTRADAY trading tips 18-01-2017

MTECHTIPS MCX LEAD INTRADAY trading tips 18-01-2017
MTECHTIPS Mcx Lead is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Lead is 148-147-144-143-140-. Immediate resistance for Lead is 159
Short term and Intraday Level of LEAD

Currently Lead is in HOLD LONG position Lead has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 158.7 with stop at 144.6 The Lead is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 158.7 with a stop at 153.7 Below 152.3 go for sell and put stop at 157.3
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