MTECHTIPS MCX ZINC INTRADAY trading tips 22-06-2017


MTECHTIPS MCX ZINC INTRADAY trading tips 22-06-2017

MTECHTIPS Zinc is bearish for medium-long term .Currently Zinc is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Zinc is in HOLD LONG position and closed above 3 week high with volume signals up breakout.Positionally Support for the Zinc is 165-164-161-.Resistance for the Zinc is 176-

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 164 The Zinc is now trading in highly overbought level. The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 174.7 with a stop at 168.7 Below 166.9 go for sell with a stop at 172.9

WWW.MTECHTIPS.COM

07489294118-119

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