MCX Lead January: Resistance At Higher Range

Report for Date: 10/01/2019

MCX Lead (Price figures below are in Rs/INR per Kg)


Exit long and sell on rise from 140.5 or above with a stop loss of 141.20.

Expect lower range of 137.4-143.30.

Upside movement is above 141.20.


TREND INFORMATION WITH INTRA-DAY LEVELS

CLOSE	DRV	TREND*	Trend Price	Trend Date	L1	L2	CP	L3	L4
138.55	139.54	DOWN	N/A	N/A	134.3	137.4	139.3	140.5	143.6

*Trend will remain Down as long as last close is below the pink color DRV. Trend will be Up as long as Price is above DRV.

PRICE, VOLUME AND OPEN INTEREST STRATEGY

Last Close	Price G/L%	Volume	V -G/L%	Open Interest	OI -G/L %	Candle	Position
138.6	0.5	86445000	33.9	2195	-19.7	Indecisive	Unwinding

TECHINCAL INDICATORS TABLE

View Full Image

RSI	1-ROC-RSI	Stochastic	1-ROC- Stochastic	MACD	1-ROC MACD	RS	1-ROC RS
50.92	4.49	36.84	62.26	-0.47
Read Disclaimer

Rate this story Rated 0.0

Post comment
Comment : Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy. Name :   Email :       Post Comment