MTECHTIPS MCX ZINC INTRADAY trading tips 16-04-2018

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MTECHTIPS MCX ZINC INTRADAY trading tips 16-04-2018

MTECHTIPS  Zinc is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Zinc is in HOLD SHORT position.Positionally Immediate support for Zinc is 201.Resistance for the Zinc is 211-212-216-219- 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 only above 212.55 or hold with stop at 201.65 The Zinc is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 207.8 with a stop at 199.9 Below 197.6 go for sell

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