January 23, 2018

MTECHTIPS MCX ZINC INTRADAY trading tips 07-02-2017
Zinc is in long- medium- short-medium- 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 oscillator is on SELL signal and Zinc is coming down from overbought level For short term Zinc is in HOLD LONG position.Positionally Support for the Zinc is 185-182-178-171-.Resistance for the Zinc is 190-191-
Short term and Intraday Level of ZINC

Currently Zinc is in HOLD SHORT position Zinc is in sideways so for short term better buy above 189.6 with stop at 184.35 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 189.6 with a stop at 186.1 Below 185.2 go for sell and put stop at 188.7


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