Mtechtips ZINC MCX SELL BELOW 97.5 SL 98.5 TGT 96

Mtechtips ZINC MCX  intraday trading analysis 26-10-2012

Mcx zinc oct future last closing was at 97.25 with loss of almost 1.5%.here zinc prices heading towards major weekly support band of 95-96 and today may take support here so buying should be done in band of 95-96 with stoploss of 92 and expect technical bounce back upto 98-99.here all trend are down and momentum is very bearish so trade with strict stoploss only.

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