MTECHTIPS MCX ZINC INTRADAY trading tips 09-04-2018

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MTECHTIPS MCX ZINC INTRADAY trading tips 09-04-2018

MTECHTIPS  Zinc is in strong uptrend with good momentum 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 showing BUY signal For short term The current position is BUY .Positionally Immediate support for Zinc is 206.Resistance for the Zinc is 213-214-216-219-221- Short term and Intraday Level of ZINC Currently Zinc is in SELL position The Zinc is in downtrend For short term buy only if close above 212.0 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 214.1 with a stop at 209.7 Below 208.5 go for sell and put stop at 212.9

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