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MTECHTIPS MCX ZINC INTRADAY trading tips 05-04-2017

Tuesday, April 4, 2017 23:37

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MTECHTIPS MCX ZINC INTRADAY trading tips 05-04-2017

MTECHTIPS Mcx Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Zinc is in HOLD SHORT position.Positionally Immediate support for Zinc is 174.Resistance for the Zinc is 183-184-185-188-

Short term and Intraday Level of ZINC

Currently Zinc is in HOLD SHORT position Zinc is in sideways so for short term better buy above 185.9 with stop at 175.2 The oscillator is showing SELL signal

Intraday Trend- Buy is advised only above 182.2 with a stop at 176.5 Below 174.9 go for sell and put stop at 180.6

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