MTECHTIPS MCX LEAD INTRADAY trading tips 27-01-2017

MTECHTIPS MCX LEAD INTRADAY trading tips 27-01-2017
MTECHTIPS 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 Lead is now trading in overbought level. The Lead is now trading in overbought level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Lead is 156-152-150-146-142-. Immediate resistance for Lead is 165
Short term and Intraday Level of LEAD

Currently Lead is in HOLD LONG position The Lead is not giving any clear signal So buy only if close above163.65 and sell below 152.9 The Lead is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend-The Lead closed in a confusion manner So buy for intraday only above 164.9 with a stop at 161.5 If opens below 161.5 or trade below 160.6 be cautious or go for sell with stop at 164
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