MTECHTIPS MCX ZINC INTRADAY trading tips 21-03-2018

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MTECHTIPS MCX ZINC INTRADAY trading tips 21-03-2018

MTECHTIPS  Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Zinc is now trading in oversold level. The Zinc is now trading in oversold level. The oscillator is showing SELL signal For short term Zinc is in HOLD SHORT position.Positionally Immediate support for Zinc is 207.Resistance for the Zinc is 212-215-216-217-222- Short term and Intraday Level of ZINC Currently Zinc is in HOLD LONG position Zinc is moving sideways so short term investor better to buy only above 214.9 with stop at 208.1 The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 212 with a stop at 208 Below 206.9 go for sell

 

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