MTECHTIPS MCX ZINC INTRADAY trading tips 17-11-2016
MTECHTIPS Zinc is in perfect uptrend .Currently Zinc is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The Zinc is now trading in overbought level. The Zinc is now trading in overbought level. The oscillator is showing SELL signal For short term Zinc is in HOLD LONG position.Positionally Support for the Zinc is 167-165-161-156-155-153-. Immediate resistance for Zinc is 180
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 171 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 174.5 with a stop at 169.3 Below 167.8 go for sell with stop at 173.