MTECHTIPS MCX ZINC INTRADAY trading tips 19-07-2018 MTECHTIPS Zinc is in strong downtrend 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 Zinc is now trading in oversold level. The Zinc is now trading in oversold level. The oscillator is showing BUY signal For short term Zinc is in SELL position.Positionally Support for the Zinc is 179-.Resistance for the Zinc is 186-194-203-205-208- Short term and Intraday Level of ZINC Currently Zinc is in SELL position Zinc is in sideways so for short term better buy above 184.1 or hold with stop at 170.7 The next resistance will be at 181.5 The Zinc is now trading is approaching oversold level. The oscillator is on BUY Signal and Zinc is recovering from oversold level Intraday Trend- Buy above 184.1 and keep stop below 178.2 Target is 186.8 next 191.2 Below 175.5 trend reversal can occur and WWW.MTECHTIPS.COM 07489294118-119
Published on Jul 19 2018 11:20AM, by MTECHTIPS in Commodity tips| Share This