MTECHTIPS MCX ZINC INTRADAY trading tips 14-09-2018

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MTECHTIPS MCX ZINC INTRADAY trading tips 14-09-2018

MTECHTIPS  Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend with good momentum and the trend is supported with good volume 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 HOLD SHORT position.Positionally Immediate support for Zinc is 167.Resistance for the Zinc is 174-176-178-188-193- Short term and Intraday Level of ZINC Currently Zinc is in HOLD SHORT position The Zinc is in downtrend For short term buy only if close above 173.0 The Zinc is now trading in highly oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 171.1 with a stop at 167 Below 165.8 go for sell

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