MTECHTIPS MCX ZINC INTRADAY trading tips 11-04-2018

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MTECHTIPS MCX ZINC INTRADAY trading tips 11-04-2018

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 HOLD SHORT position.Positionally Immediate support for Zinc is 206.Resistance for the Zinc is 213-216-219-220-

Short term and Intraday Level of ZINC Currently Zinc is in HOLD SHORT position Zinc is moving sideways so short term investor better to buy if close above 213.45 closing below 208.15 Sell will happen. The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 213.2 with a stop at 210.1 Below 209.4 go for sell and put stop at 212.5

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