MTECHTIPS MCX LEAD INTRADAY trading tips 06-07-2017

MTECHTIPS MCX LEAD INTRADAY trading tips 06-07-2017

MTECHTIPS Mcx  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 Goldm is now trading in oversold level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Lead is 143-142-140-139-138-. Immediate resistance for Lead is 153

Short term and Intraday Level of LEAD Lead and closed below 1 week low with volume signals down breakoutCurrently Lead is in HOLD SHORT position Lead is moving sideways so short term investor better to buy only above 151.6 or hold with stop at 145.3 The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 149.3 with a stop at 145.6 Below 144.6 go for sell




Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s