Sunday, 18 November 2018

MTECHTIPS MCX LEAD INTRADAY trading tips 19-11-2018


MTECHTIPS MCX LEAD INTRADAY trading tips  19-11-2018



MTECHTIPS  Lead is bearish for medium-long term .Currently Lead is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is on BUY Signal and Lead is recovering from oversold level For short term Lead is in HOLD SHORT position.Positionally Support for the Lead is 141-140-.Resistance for the Lead is 145-146-148- Short term and Intraday Level of LEAD Currently Lead is in HOLD LONG position Lead has crossed the high so for short term better buy above 145.6 with stop at 138.1 The oscillator is showing BUY signal  Intraday Trend- Buy above 145.6 and keep stop below 141.8 Target is 147.2 next 149.8 Below 140.2 trend reversal can occur and next level is 137.6
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