MTECHTIPS MCX ZINC INTRADAY trading tips 28-09-2016
MTECHTIPS MCX Zinc is in long- medium- short- term bull phase .Currently Zinc is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Zinc if it close above157 or buy with strict stop at 146. The oscillator is showing BUY signal For short term Zinc is in HOLD LONG position.Positionally Support for the Zinc is 151-150-147-142-.Resistance for the Zinc is 154-
Short term and Intraday Level of ZINC
Currently Zinc is in HOLD SHORT position Zinc is in sideways and sellers was at high so for short term better buy above 155.7 or hold with stop at 149.45 The next resistance will be at 155.2 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 155.7 with a stop at 151.7 Below 150.6 go for sell and put stop at 154.5.