MTECHTIPS MCX LEAD INTRADAY trading tips 10-10-2017

MTECHTIPS MCX LEAD INTRADAY trading tips 10-10-2017
MTECHTIPS The Lead is in long- medium- short-medium- short- term bull phase .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 Lead is now trading in overbought level. The Lead is now trading in overbought level. The oscillator is showing SELL signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 161-156-153-150-146-.Resistance for the Lead is 166- 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 below161.9 Buy if above 171.1 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 166.3 with a stop at 162.9 Below 161.9 go for sell.
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