MTECHTIPS MCX ZINC INTRADAY trading tips 20-11-2017
MTECHTIPS MCX ZINC INTRADAY trading tips 20-11-2017
MTECHTIPS Zinc is in long- medium- term bull phase .Currently Zinc is in strong downtrend with good momentum 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 showing SELL signal For short term Zinc is in SELL position.Positionally Support for the Zinc is 206-202-196-.Resistance for the Zinc is 210-211- Short term and Intraday Level of ZINC Currently Zinc is in HOLD SHORT position Zinc is showing some Up momentum So buy above 209.0 with stop at 204.5 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 210.8 with a stop at 207.5 Below 206.8 go for sell and put stop at 210
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