MTECHTIPS MCX LEAD INTRADAY trading tips 04-09-2018

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MTECHTIPS MCX LEAD INTRADAY trading tips 04-09-2018

MTECHTIPS   Lead is bearish for medium-long term .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 oscillator is showing BUY signal For short term Lead is in HOLD LONG position and closed above 1 month high with volume signals up breakout.Positionally Support for the Lead is 149-144-143-.Resistance for the Lead is 156-157- Short term and Intraday Level of LEAD Lead closed above 1 week high with volume signals up breakoutCurrently Lead is in HOLD LONG position In short term Lead is in strong up trend so hold with stop at 146 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 154.3 with a stop at 149.8 Below 148.5 go for sell with a stop at 153

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