MTECHTIPS MCX ZINC INTRADAY trading tips 06-03-2018

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MTECHTIPS MCX ZINC INTRADAY trading tips 06-03-2018

MTECHTIPS  Zinc is showing some down move and trend is strong momentum is also showing strength but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is on SELL signal and Zinc is coming down from overbought level For short term Zinc is in SELL position and closed below 1 month low with volume signals down breakout.Positionally Support for the Zinc is 213-.Resistance for the Zinc is 222-227-228-229- Short term and Intraday Level of ZINC Zinc and closed below 1 week low with volume signals down breakoutCurrently Zinc is in HOLD SHORT position The Zinc is in downtrend For short term buy only if close above 223.0 The Zinc is now trading in highly oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 219.5 with a stop at 213.7 Below 212 go for sell

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