MTECHTIPS MCX ZINC INTRADAY trading tips 18-11-2016
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 168-166-161-157-155-153-. Immediate resistance for Zinc is 180
Short term and Intraday Level of ZINC
Currently Zinc is in HOLD LONG position Zinc is in profit booking mode so hold with stop at 170 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 173 with a stop at 169.6 Below 168.7 go for sell and put stop at 172.1.