MTECHTIPS MCX ZINC INTRADAY trading tips 13-04-2018

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MTECHTIPS MCX ZINC INTRADAY trading tips 13-04-2018

MTECHTIPS  Zinc is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Zinc is in HOLD SHORT position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Zinc is 201.Resistance for the Zinc is 212-216-219- 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 Zinc is in sideways but the trend looks weak so better buy above 212.55 or hold with stop at 201.65 Yesterday the selling was with volume so risk takers can go for shorting at current rate with stop at 212.55 The oscillator is showing BUY signal  Intraday Trend- Sell if open below 199.3 with stop loss at 204.9 or sell below 196.9Buy is not advised till it cross 207.4

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