MTECHTIPS MCX ZINC INTRADAY trading tips 21-12-2016

MTECHTIPS MCX ZINC INTRADAY trading tips 21-12-2016
MTECHTIPS Mcx Zinc is in long- medium- term bull phase .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 SELL position.Positionally Support for the Zinc is 171-165-162-.Resistance for the Zinc is 184-185-
Short term and Intraday Level of ZINC

Currently Zinc is in HOLD SHORT position Zinc is in sideways so for short term better buy above 182.2 with stop at 173.55 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 182.2 with a stop at 176.8 Below 175.2 go for sell and put stop at 180.6
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