MTECHTIPS MCX ZINC INTRADAY trading tips 06-12-2018

MTECHTIPS MCX ZINC INTRADAY trading tips  06-12-2018

MTECHTIPS   Zinc is in long- short-medium- short- term bull phase .Currently Zinc is moving sideways The oscillator is showing BUY signal but has moved past its recent high and the positive trend is still continuing. The oscillator is showing BUY signal For short term Zinc is in HOLD LONG position.Positionally Support for the Zinc is 184-182-.Resistance for the Zinc is 191- Short term and Intraday Level of ZINC Currently Zinc is in HOLD LONG position Zinc has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 191.5 with stop at 175.25 The Zinc is now trading is approaching overbought level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 191.5 with a stop at 187.1 Below 185.9 go for sell and put stop at 190.3

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