MTECHTIPS MCX LEAD INTRADAY trading tips 04-05-2017

MTECHTIPS MCX LEAD INTRADAY trading tips 04-05-2017
MTECHTIPS Lead is bearish for medium-long term .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 oscillator is showing BUY signal For short term Lead is in HOLD LONG position.Positionally Immediate support for Lead is 135.Resistance for the Lead is 143-145-148-150-152-
Short term and Intraday Level of LEAD

Currently Lead is in HOLD LONG position Lead is in profit booking mode so better sell and enter at lower level 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 143.1 with a stop at 139.6 Below 138.6 go for sell
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