MTECHTIPS MCX LEAD INTRADAY trading tips 31-01-2017

MTECHTIPS MCX LEAD INTRADAY trading tips 31-01-2017
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 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 157-154-150-148-146-143-. Immediate resistance for Lead is 165
Short term and Intraday Level of LEAD

Currently Lead is in HOLD SHORT position Lead is in sideways and sellers was at high so for short term better buy above 163.8 or hold with stop at 155.1 The next resistance will be at 163.65 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 only above 163.8 with a stop at 158.6 Below 157.1 go for sell and put stop at 162.3
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