Tuesday, 20 November 2018

MTECHTIPS MCX ZINC INTRADAY trading tips 21-11-2018



MTECHTIPS MCX ZINC INTRADAY trading tips  21-11-2018


MTECHTIPS  Zinc is in long- term bull phase .Currently Zinc is showing some up move after small correction and trend is strong but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is on BUY Signal and Zinc is recovering from oversold level For short term Zinc is in HOLD LONG position.Positionally Support for the Zinc is 183-182-.Resistance for the Zinc is 188-190-192- Short term and Intraday Level of ZINC Currently Zinc is in HOLD LONG position In short term Zinc is in strong up trend so hold with stop at 187 The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 189.6 with a stop at 183.9 Below 182.2 go for sell with stop at 187.9
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