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MTECHTIPS MCX ZINC INTRADAY trading tips 22-03-2017
MTECHTIPS Mcx Zinc is in long- short- term bull phase .Currently Zinc is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Zinc if it close above194 or buy with strict stop at 175. The oscillator is showing BUY signal For short term Zinc is in HOLD LONG position.Positionally Support for the Zinc is 182-181-.Resistance for the Zinc is 186-187-189-
Short term and Intraday Level of ZINC
Currently Zinc is in HOLD LONG position Zinc is in profit booking mode so better sell and enter at lower level The Zinc is now trading is approaching overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 186.5 with a stop at 182.4 Below 181.3 go for sell
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