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MTECHTIPS MCX ZINC SELL AT 112.50-113 STOPLOSS 114 TGT 111 TGT 110

MTECHTIPS MCX ZINC INTRADAY trading analysis 02-11-2015
MCX zinc this week closed at 109.1 with loss. zinc 5 weeks trend channel is down and 20 weeks trend channel is flat. weekly chart RSI is at 37 with sell signal. mcx zinc weekly support zones are 108 and 105.4. mcx zinc weekly resistance zones are 115 and 121. mcx zinc future weekly trading call will be buy and accumulate near 105 with long term view.

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