MTECHTIPS MCX ZINC INTRADAY trading tips 27-01-2017
MTECHTIPS Mcx Zinc is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Zinc is now trading in overbought level. The Zinc is now trading in overbought level. The oscillator is showing BUY signal For short term Zinc is in HOLD LONG position.Positionally Support for the Zinc is 187-185-181-180-174-169-. Immediate resistance for Zinc is 193
Short term and Intraday Level of ZINC
Currently Zinc is in HOLD LONG position Zinc is moving sideways so short term investor better to buy only above 192.35 with stop at 184.0 The Zinc is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 192.6 with a stop at 188.5 Below 187.4 go for sell
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