MTECHTIPS MCX ZINC INTRADAY trading tips 11-07-2017


MTECHTIPS MCX ZINC INTRADAY trading tips 11-07-2017

MTECHTIPS Mcx Zinc is in long- medium- short-medium- short- term bull phase .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 Zinc is now trading in overbought level. The Zinc is now trading in overbought level. The oscillator is showing SELL signal For short term Zinc is in HOLD LONG position.Positionally Support for the Zinc is 176-173-170-169-168-.Resistance for the Zinc is 181- Short term and Intraday Level of ZINC Currently Zinc is in HOLD SHORT position The Zinc is in downtrend For short term buy only if close above 181.0 The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 181.1 with a stop at 177.7 Below 176.8 go for sell

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