MTECHTIPS MCX ZINC INTRADAY trading tips 07-07-2017


MTECHTIPS MCX ZINC INTRADAY trading tips 07-07-2017

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 Zinc is now trading in overbought level. The Zinc is now trading in overbought level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Zinc is 178-174-173-169-168-167-. Immediate resistance for Zinc is 184

Short term and Intraday Level of ZINC Currently Zinc is in HOLD LONG position Zinc is moving sideways so short term investor better to buy if close above 182.85 closing below 177.05 Sell will happen. The Zinc is now trading is approaching overbought level. The oscillator is on SELL signal and Zinc is coming down from overbought level

Intraday Trend- Buy is advised only above 182.9 with a stop at 179.1 Below 178 go for sell and put stop at 181.9

WWW.MTECHTIPS.COM

07489294118-119

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