MTECHTIPS MCX LEAD INTRADAY trading tips 24-01-2017

MTECHTIPS MCX LEAD INTRADAY trading tips 24-01-2017

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 153-149-145-142-. Immediate resistance for Lead is 162

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 155 Very Short term investor please cautious on Lead as it is moving with low volatality The Lead is now trading in highly overbought level. The oscillator is on SELL signal and Goldm is coming down from overbought level

Intraday Trend- Buy is advised above 161.9 with a stop at 158.4 Below 157.5 go for sell with a stop at 161

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