MTECHTIPS MCX ZINC INTRADAY trading tips 04-10-2016
MTECHTIPS MCX Zinc is in perfect uptrend .Currently Zinc is in strong uptrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Zinc is 153-152-149-144-. Immediate resistance for Zinc is 161
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 156 The Zinc is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 161.9 with a stop at 158.9 Below 158.1 go for sell with a stop at 161.1.