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MTECHTIPS MCX ZINC INTRADAY trading tips 04-01-2017

Wednesday, January 4, 2017 0:24
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MTECHTIPS MCX ZINC INTRADAY trading tips 04-01-2017


MTECHTIPS Mcx Zinc is in long- term bull phase .Currently Zinc is in strong downtrend 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 on BUY Signal and Zinc is recovering from oversold level For short term Zinc is in SELL position.Positionally Support for the Zinc is 168-164-.Resistance for the Zinc is 175-177-178-181-

Short term and Intraday Level of ZINC


Currently Zinc is in HOLD LONG position Zinc is moving sideways with low volatality so short term investor better to buy if close above 177.25 close below 170.15 Sell will happen. The oscillator is showing SELL signal

Intraday Trend-Intraday better to buy above 176.7 and Sell if below167.7





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