MTECHTIPS MCX ZINC INTRADAY trading tips 12-09-2018

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MTECHTIPS MCX ZINC INTRADAY trading tips 12-09-2018

MTECHTIPS  Zinc is bearish for medium-long term.Currently Zinc is showing some down move and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend . Caution note selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Zinc is in HOLD SHORT position.Positionally Immediate support for Zinc is 167.Resistance for the Zinc is 175-176-178-189-194- Short term and Intraday Level of ZINC Currently Zinc is in SELL position Zinc has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below165.7 Buy if above 178.85 The Zinc is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 172.3 with a stop at 167.2 Below 165.7 go for sell

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