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MTECHTIPS MCX ZINC INTRADAY trading tips 03-04-2017
MTECHTIPS Mcx Zinc is bearish for medium-long term.Currently Zinc is showing some down move and trend is strong but volume is unsatisfactory The open interest is not increasing with trend . Caution note selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Zinc is in HOLD SHORT position.Positionally Immediate support for Zinc is 175.Resistance for the Zinc is 184-185-188-
Short term and Intraday Level of ZINC
Currently Zinc is in HOLD LONG position In short term Zinc is in strong up trend so hold with stop at 181 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 182.2 with a stop at 177 Below 175.5 go for sell with stop at 180.7
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