MTECHTIPS MCX LEAD INTRADAY trading tips 30-01-2017

MTECHTIPS MCX LEAD INTRADAY trading tips 30-01-2017
MTECHTIPS long- medium- short-medium- short- term bull phase .Currently 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 Lead is in HOLD LONG position.Positionally Support for the Lead is 153-150-147-146-143-.Resistance for the Lead is 159-
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 158 The Lead is now trading is approaching overbought level. The oscillator is on SELL signal and Lead is coming down from overbought level
Intraday Trend- Buy is advised above 160.8 with a stop at 153.8 Below 151.7 go for sell with stop at 158.7
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