Thursday 25 April 2019

MTECHTIPS MCX ZINC INTRADAY trading tips 26-04-2019


MTECHTIPS MCX ZINC INTRADAY trading tips  26-04-2019


MTECHTIPS       Zinc is in 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 oscillator is on SELL signal and Zinc is coming down from overbought level For short term Zinc is in SELL position.Positionally Support for the Zinc is 226-219-206-200-195-. Immediate resistance for Zinc is 233 Short term and Intraday Level of ZINC Currently Zinc is in HOLD LONG position Zinc is in sideways and sellers was at high so for short term better buy above 234.9 or hold with stop at 222.5 The next resistance will be at 232.05 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 234.9 with a stop at 230 Below 228.8 go for sell and put stop at 233.6
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