MTECHTIPS MCX ZINC INTRADAY trading tips 24-04-2018

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MTECHTIPS MCX ZINC INTRADAY trading tips 24-04-2018

MTECHTIPS  Zinc is in strong uptrend 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 Zinc is in HOLD LONG position.Positionally Support for the Zinc is 210-209-.Resistance for the Zinc is 217-219- Short term and Intraday Level of ZINC Currently Zinc is in HOLD LONG position Zinc is in profit booking mode so either sell of or keep stop at212 so better sell and enter at lower level The Zinc is now trading is approaching overbought level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 217.5 with a stop at 213.4 Below 212.3 go for sell

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