MTECHTIPS MCX LEAD INTRADAY trading tips 07-06-2017

MTECHTIPS MCX LEAD INTRADAY trading tips 07-06-2017
MTECHTIPS Mcx 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 132.Resistance for the Lead is 136-137-142-145-148-
Short term and Intraday Level of LEAD

Currently Lead is in HOLD SHORT position Lead has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below131.1 Buy if above 137.15 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 135.1 with a stop at 132 Below 131.1 go for sell

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