August 19, 2017

MTECHTIPS MCX ZINC intraday trading analysis 10-04-2015

Mcx Zinc Future On Last Trading Session Closed At 135.65 With Gain. On Daily Chart Zinc Future Is Trading Way Below Its Month Pivot Level Of 132.5. On upside 137.5 And Then 138.5 Are Strong Support Zones. These Level Will Be Target Zones If Trend Continues. Above Pivot Level Of 134, Mcx Zinc Future Has Resistances At 137.5 And Then 138.5. On Trend Reversal And Breakout Above Pivot These Levels Will Be Target Zones For Zinc. Daily Chart Price Pattern As Well As Indicators Patterns Are Bullish And Suggesting Upside For Prices In Near Future.

 

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