MTECHTIPS MCX LEAD INTRADAY trading tips 22-01-2018
MTECHTIPS 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 oscillator is showing BUY signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 163-162-161-160-159-. Immediate resistance for Lead is 169
Short term and Intraday Level of LEAD Currently Lead is in HOLD LONG position Lead is moving sideways so short term investor better to buy only above 167.95 or hold with stop at 161.85 The Lead is now trading is approaching overbought level. The oscillator is on SELL signal and Lead is coming down from overbought level Intraday Trend- Buy is advised above 167.6 with a stop at 164.1 Below 163.2 go for sell
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Published on
Jan 22 2018 11:14AM, by
MTECHTIPS in
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