MTECHTIPS MCX ZINC INTRADAY trading tips 13-12-2017


MTECHTIPS MCX ZINC INTRADAY trading tips 13-12-2017

MTECHTIPS  Zinc is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Zinc is in SELL position.Positionally Support for the Zinc is 202-201-.Resistance for the Zinc is 206-207-210- Short term and Intraday Level of ZINC

Currently Zinc is in HOLD LONG position Zinc is in sideways and sellers was at high so for short term better buy above 206.7 or hold with stop at 198.55 The next resistance will be at 204.7 The Zinc is now trading is approaching oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 206.7 with a stop at 201.7 Below 200.3 go for sell and put stop at 205.3

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07489294118-119

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