MTECHTIPS MCX LEAD INTRADAY trading tips 28-08-2017

MTECHTIPS MCX LEAD INTRADAY trading tips 28-08-2017
MTECHTIPS Lead is in long- term bull phase .Currently Lead is showing some down move and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend . Caution note selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Lead is in SELL position.Positionally Support for the Lead is 142-.Resistance for the Lead is 150-152-
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 below144.9 Buy if above 154.25 The Lead is now trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 149.7 with a stop at 145.9 Below 144.9 go for sell
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