MTECHTIPS MCX ZINC INTRADAY trading tips 04-07-2017


MTECHTIPS MCX ZINC INTRADAY trading tips 04-07-2017

MTECHTIPS 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 174-173-170-169-167-166-. Immediate resistance for Zinc is 184

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 178 Very Short term investor please cautious on Zinc as it is moving with low volatality The Zinc is now trading in highly overbought level. The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 185.4 with a stop at 181.2 Below 180.1 go for sell with a stop at 184.3

WWW.MTECHTIPS.COM

07489294118-119

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s