MTECHTIPS MCX ZINC INTRADAY trading tips 24-08-2018

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MTECHTIPS MCX ZINC INTRADAY trading tips 24-08-2018

MTECHTIPS  Zinc is bearish for medium-long term .Currently 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 oscillator is showing SELL signal For short term Zinc is in SELL position.Positionally Support for the Zinc is 171-.Resistance for the Zinc is 176-177-186-195-198- 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 170 The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 176.5 with a stop at 172.9 Below 172 go for sell with a stop at 175.6

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