MTECHTIPS MCX ZINC INTRADAY trading tips 23-11-2016
MTECHTIPS MCX ZINC INTRADAY trading tips 23-11-2016
MTECHTIPS Zinc is in perfect uptrend .Currently Zinc is moving sideways The Zinc is now trading in overbought level. The Zinc is now trading in overbought level. The oscillator is showing SELL signal .In last 3 weeks Zinc is trading in low volatality and fresh Buy can be considered in the Zinc if it close above180 or buy with strict stop at 160. The Zinc is now trading in overbought level. The Zinc is now trading in overbought level. The oscillator is showing SELL signal For short term Zinc is in HOLD LONG position.Positionally Support for the Zinc is 171-168-164-158-156-154-. Immediate resistance for Zinc is 180
Short term and Intraday Level of ZINC
Currently Zinc is in BUY position Zinc has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 179 with stop at 168.65 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 179 with a stop at 175.7 Below 174.8 go for sell and put stop at 178.1.
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