MTECHTIPS MCX ZINC INTRADAY trading tips 15-03-2017
MTECHTIPS MCX ZINC INTRADAY trading tips 15-03-2017
MTECHTIPS Mcx Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Zinc is now trading in oversold level. The Zinc is now trading in oversold level. The oscillator is showing SELL signal For short term Zinc is in SELL position.Positionally Immediate support for Zinc is 175.Resistance for the Zinc is 182-183-185-186-188-
Short term and Intraday Level of ZINC
Currently Zinc is in HOLD LONG position Zinc is moving sideways so short term investor better to buy only above 183.3 or hold with stop at 176.4 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 183.9 with a stop at 178.3 Below 176.7 go for sell
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