MTECHTIPS MCX ZINC INTRADAY trading tips 31-08-2018

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MTECHTIPS MCX ZINC INTRADAY trading tips 31-08-2018

MTECHTIPS  Zinc is bearish for medium-long term .Currently Zinc is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Zinc if it close above186 or buy with strict stop at 163. The oscillator is showing BUY signal For short term Zinc is in HOLD LONG position.Positionally Support for the Zinc is 173-.Resistance for the Zinc is 177-183-193-197- Short term and Intraday Level of ZINC Currently Zinc is in HOLD LONG position Zinc is moving sideways so short term investor better to buy only above 180.5 or hold with stop at 173.25 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 178.2 with a stop at 173.2 Below 171.8 go for sell

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