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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