MTECHTIPS MCX ZINC INTRADAY trading tips 03-07-2017
MTECHTIPS Zinc is in perfect uptrend .Currently Zinc is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . 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 173-169-168-166-. Immediate resistance for Zinc is 181
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 177 The Zinc is now trading in highly overbought level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 180.6 with a stop at 177.6 Below 176.9 go for sell with a stop at 179.8.