Home / TIPS / MTECHTIPS MCX ZINC INTRADAY trading tips 27-06-2017

MTECHTIPS MCX ZINC INTRADAY trading tips 27-06-2017

MTECHTIPS MCX ZINC INTRADAY trading tips 27-06-2017

MTECHTIPS Zinc is bearish for medium-long term .Currently Zinc is in strong uptrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Zinc Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Zinc is 169-166-165-163-. Immediate resistance for Zinc is 178

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 172 The Zinc is now trading in highly overbought level. The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 177.2 with a stop at 173.2 Below 172.1 go for sell with stop at 176.1

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