MTECHTIPS MCX ZINC INTRADAY trading tips 22-12-2016

MTECHTIPS MCX ZINC INTRADAY trading tips 22-12-2016
MTECHTIPS Mcx inc is in long- medium- term bull phase .Currently Zinc is in strong downtrend but volume is unsatisfactory 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 183-184-185-
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 181.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 180 with a stop at 174.7 Below 173.2 go for sell
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