MTECHTIPS MCX LEAD INTRADAY trading tips 02-05-2017

MTECHTIPS MCX LEAD INTRADAY trading tips 02-05-2017
MTECHTIPS Lead is bearish for medium-long term .Currently Lead is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 145-141-140-.Resistance for the Lead is 149-151-152-
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 148.1 with stop at 138.3 The Lead is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 148.1 with a stop at 145.6 Below 145 go for sell and put stop at 147.5
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