MTECHTIPS MCX ZINC INTRADAY trading tips 24-07-2018

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MTECHTIPS MCX ZINC INTRADAY trading tips 24-07-2018

MTECHTIPS  Zinc is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Zinc is now trading in oversold level. The Zinc is now trading in oversold level. The oscillator is showing BUY signal For short term Zinc is in HOLD SHORT position.Positionally Immediate support for Zinc is 170.Resistance for the Zinc is 182-190-201-204-206- Short term and Intraday Level of ZINC Currently Zinc is in HOLD LONG position In short term Zinc is in strong up trend so hold with stop at 176 The Zinc is now trading is approaching overbought level. The oscillator is on SELL signal and Zinc is coming down from overbought level Intraday Trend- Buy is advised above 180.3 with a stop at 175.7 Below 174.4 go for sell with stop at 179

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