MTECHTIPS MCX ZINC INTRADAY trading tips 23-05-2019
MTECHTIPS 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 Zinc is now trading in oversold level. The Zinc is now trading in oversold level. The oscillator is showing BUY signal For short term Zinc is in HOLD SHORT position.Positionally Support for the Zinc is 207-201-.Resistance for the Zinc is 215-216-217-220- 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 214.0 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 213.3 with a stop at 210.5 Below 209.8 go for sell
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