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MTECHTIPS MCX ZINC INTRADAY trading tips 08-03-2017

Tuesday, March 7, 2017 23:34
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MTECHTIPS MCX ZINC INTRADAY trading tips 08-03-2017

 

MTECHTIPS Mcx Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Zinc is in SELL position.Positionally Immediate support for Zinc is 178.Resistance for the Zinc is 181-186-187-188-189-190-

Short term and Intraday Level of ZINC

 

Currently Zinc is in HOLD SHORT position The Zinc is in downtrend For short term buy only if close above 186.0 The Zinc is now trading is approaching oversold level. The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 183.1 with a stop at 177.4 Below 175.7 go for sell

WWW.MTECHTIPS.COM

 

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