MTECHTIPS MCX LEAD INTRADAY trading tips 17-08-2017

MTECHTIPS MCX LEAD INTRADAY trading tips 17-08-2017
MTECHTIPS Mcx Lead is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is on SELL signal and Lead is coming down from overbought level For short term Lead is in HOLD LONG position and closed above 1 month high with volume signals up breakout.Positionally Support for the Lead is 150-149-148-144-142-141-. Immediate resistance for Lead is 162 Short term and Intraday Level of LEAD
Currently Lead is in HOLD LONG position Lead is in sideways so for short term better buy above 163.7 or hold with stop at 148.4 The next resistance will be at 160.55 Yesterday the up movement was with volume this also confirm an up break out The oscillator is showing BUY signal
Intraday Trend- Buy above 163.7 and keep stop below 156.5 Target is 167 next 172.4 Below 153.3 trend reversal can occur and next level is 147.9
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