Wednesday, 21 November 2018

MTECHTIPS MCX ZINC INTRADAY trading tips 22-11-2018


MTECHTIPS MCX ZINC INTRADAY trading tips  22-11-2018


MTECHTIPS  Zinc is in long- term bull phase .Currently Zinc is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Zinc is in HOLD LONG position.Positionally Support for the Zinc is 183-182-.Resistance for the Zinc is 190-191-
Short term and Intraday Level of ZINC Currently Zinc is in HOLD SHORT position Zinc is in sideways and sellers was at high so for short term better buy above 191 or hold with stop at 184.8 The next resistance will be at 193.55 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 191 with a stop at 185.2 Below 183.6 go for sell and put stop at 189.4
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