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MTECHTIPS MCX ZINC INTRADAY trading tips 26-10-2016

Tuesday, October 25, 2016 22:38
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MTECHTIPS MCX ZINC INTRADAY trading tips 26-10-2016


MTECHTIPS Mcx Zinc is in perfect uptrend .Currently Zinc is moving sideways The oscillator is showing BUY signal but has moved past its recent high. The oscillator is showing BUY signal For short term Zinc is in HOLD LONG position.Positionally Support for the Zinc is 153-152-151-148-. Immediate resistance for Zinc is 159

Short term and Intraday Level of ZINC

Currently Zinc is in HOLD LONG position Zinc is in sideways and sellers was at high so for short term better buy above 159.6 or hold with stop at 150.5 The next resistance will be at 158.1 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 159.6 with a stop at 156.2 Below 155.3 go for sell and put stop at 158.7





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