MTECHTIPS MCX ZINC INTRADAY trading tips 21-09-2016
MTECHTIPS MCX ZINC INTRADAY trading tips 21-09-2016
MTECHTIPS MCX Zinc is in perfect uptrend .Currently Zinc 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 showing SELL signal For short term Zinc is in SELL position.Positionally Support for the Zinc is 153-152-151-150-146-141-. Immediate resistance for Zinc is 155.
Short term and Intraday Level of ZINC
Currently Zinc is in HOLD SHORT position Zinc is in sideways and sellers was at high so for short term better buy above 155.9 or hold with stop at 147.35 The next resistance will be at 153.85 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 155.9 with a stop at 152.4 Below 151.4 go for sell and put stop at 154.9.
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