MTECHTIPS MCX ZINC INTRADAY trading tips 20-12-2016

MTECHTIPS MCX ZINC INTRADAY trading tips 20-12-2016
MTECHTIPS Mcx Zinc is in long- medium- term bull phase .Currently Zinc is moving sideways The oscillator is showing SELL signal and has moved down its previous low and the negative trend is still continuing momentum also points toward negativeness. The oscillator is showing SELL signal For short term Zinc is in SELL position.Positionally Support for the Zinc is 170-164-161-.Resistance for the Zinc is 184-185-186-
Short term and Intraday Level of ZINC

Currently Zinc is in HOLD SHORT position Zinc is in sideways but the trend looks weak so better buy above 192.2 or hold with stop at 173.85 The oscillator is showing SELL signal
Intraday Trend- Sell if open below 172.5 with stop loss at 179 or sell below 169.6Buy is not advised till it cross 182.

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