MTECHTIPS MCX ZINC INTRADAY trading tips 03-02-2017

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 SELL signal For short term Zinc is in HOLD LONG position.Positionally Support for the Zinc is 189-188-184-183-177-171-. Immediate resistance for Zinc is 196

Short term and Intraday Level of ZINC


Currently Zinc is in HOLD LONG position In short term Zinc is in strong up trend so hold with stop at 190 The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 193.1 with a stop at 189.7 Below 188.9 go for sell with stop at 192.2




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