MTECHTIPS MCX ZINC INTRADAY
trading tips 13-09-2017
MTECHTIPS Mcx Zinc is
in long- medium- term bull phase .Currently Zinc is in strong downtrend with
good momentum 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
Support for the Zinc is 187-180-177-.Resistance for the Zinc is 197-200- Short
term and Intraday Level of ZINCCurrently Zinc is in HOLD SHORT position Zinc is
in sideways so for short term better buy above 201.0 with stop at 193.4 The
Zinc is now trading is approaching oversold level. The oscillator is showing
SELL signal Intraday Trend- Buy is advised above 200.4 with a stop at 193.6
Below 191.6 go for sell
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