MTECHTIPS MCX ZINC INTRADAY trading tips 29-11-2018

MTECHTIPS MCX ZINC INTRADAY trading tips  29-11-2018

MTECHTIPS  Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Zinc is in HOLD SHORT position.Positionally Immediate support for Zinc is 173.Resistance for the Zinc is 184-185-186-188-191- Short term and Intraday Level of ZINC Currently Zinc is in HOLD SHORT position The Zinc is in downtrend For short term buy only if close above 180.0 The Zinc is now trading is approaching oversold level. The oscillator is on BUY Signal and Zinc is recovering from oversold level Intraday Trend- Buy is advised only above 184.3 with a stop at 178.1 Below 176.3 go for sell and put stop at 182.5

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