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MTECHTIPS MCX ZINC INTRADAY trading tips 23-03-2017
MTECHTIPS Mcx Zinc is in long- short-medium- 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 above192 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 185-184-182-.Resistance for the Zinc is 189-
Short term and Intraday Level of ZINC
Zinc is in sideways so for short term better buy above 189.3 with stop at 182.9 The Zinc is now trading is approaching overbought level. The oscillator is on SELL signal and Zinc is coming down from overbought level
Intraday Trend- Buy is advised only above 189.3 with a stop at 185.1 Below 184 go for sell and put stop at 188.2
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