MTECHTIPS MCX ZINC INTRADAY trading tips 12-03-2018

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MTECHTIPS MCX ZINC INTRADAY trading tips 12-03-2018

MTECHTIPS  Zinc is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days volume based selling happened in the Zinc. The oscillator is showing SELL signal For short term Zinc is in SELL position.Positionally Immediate support for Zinc is 207.Resistance for the Zinc is 217-221-222-224-225- Short term and Intraday Level of ZINC Currently Zinc is in HOLD SHORT position The Zinc is in downtrend For short term buy only if close above 215.0 The Zinc is now trading in highly oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 218.7 with a stop at 212 Below 210 go for sell and put stop at 216.7

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