MTECHTIPS MCX LEAD INTRADAY trading tips 05-04-2018

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MTECHTIPS MCX LEAD INTRADAY trading tips 05-04-2018

MTECHTIPS  Lead is moving sideways The oscillator is showing BUY signal and has moved down its previous low with good volume points to a negative break out . The oscillator is showing BUY signal For short term Lead is in HOLD LONG position and Lead closed below 1 week low with volume signals down breakout.Positionally Immediate support for Lead is 153.Resistance for the Lead is 156-157-162-163- 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 has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below152.9 Buy if above 158.05 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 156.1 with a stop at 153.6 Below 152.9 go for sell

 

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