MTECHTIPS MCX LEAD INTRADAY trading tips 16-06-2017

MTECHTIPS MCX LEAD INTRADAY trading tips 16-06-2017
MTECHTIPS Mcx Lead is bearish for medium-long term .Currently Lead is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Lead is in HOLD SHORT position.Positionally Support for the Lead is 134-133-.Resistance for the Lead is 139-143-147-
Short term and Intraday Level of LEAD

Currently Lead is in HOLD SHORT position Lead is showing some Up momentum So buy above 134.0 with stop at 131.65 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 137.6 with a stop at 134.3 Below 133.4 go for sell and put stop at 136.7
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