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MTECHTIPS MCX ZINC INTRADAY trading tips 04-04-2017
MTECHTIPS Mcx Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is 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 174.Resistance for the Zinc is 183-184-185-188-
Short term and Intraday Level of ZINC
Currently Zinc is in HOLD SHORT position Zinc is moving sideways so short term investor better to buy only above 185.9 or hold with stop at 175.2 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 179 with a stop at 173.4 Below 171.8 go for sell
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