MTECHTIPS MCX ZINC INTRADAY trading tips 27-08-2018

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MTECHTIPS MCX ZINC INTRADAY trading tips 27-08-2018

MTECHTIPS  Zinc is bearish for medium-long term .Currently Zinc is moving sideways The oscillator is showing BUY signal but has moved past its recent high with good volume points to a positive break out . The oscillator is showing BUY signal For short term Zinc is in SELL position and closed above 1 week high with volume signals up breakout.Positionally Support for the Zinc is 176-174-171-.Resistance for the Zinc is 185-194-198- Short term and Intraday Level of ZINC Zinc closed above 1 week high with volume signals up breakoutCurrently Zinc is in HOLD LONG position In short term Zinc is in strong up trend so hold with stop at 172 The Zinc is now trading is approaching overbought level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 180.9 with a stop at 176.3 Below 175 go for sell with a stop at 179.6

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