Home / TIPS / MTECHTIPS MCX ZINC INTRADAY trading tips 05-01-2017

MTECHTIPS MCX ZINC INTRADAY trading tips 05-01-2017

MTECHTIPS MCX ZINC INTRADAY trading tips 05-01-2017

MTECHTIPS Mcx Zinc is in long- medium- short- term bull phase .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 . Noting point is selling at lower levels seems decreasing. The oscillator is on BUY Signal and Zinc is recovering from oversold level For short term Zinc is in SELL position and closed above 1 week high with volume signals up breakout.Positionally Support for the Zinc is 175-173-168-164-.Resistance for the Zinc is 181-

Short term and Intraday Level of ZINC

 

Zinc closed above 1 week high with volume signals up breakoutCurrently Zinc is in HOLD LONG position In short term Zinc is in strong up trend so hold with stop at 172 Very Short term investor please cautious on Zinc as it is moving with low volatality The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 182.2 with a stop at 176 Below 174.2 go for sell with a stop at 180.4

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