MTECHTIPS MCX ZINC INTRADAY trading tips 26-12-2016

MTECHTIPS MCX ZINC INTRADAY trading tips 26-12-2016
MTECHTIPS Mcx Zinc is in long- medium- term bull phase .Currently 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 oscillator is showing SELL signal For short term Zinc is in SELL position.Positionally Support for the Zinc is 172-166-162-.Resistance for the Zinc is 182-184-
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 178.0 The Zinc is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 177.5 with a stop at 171.8 Below 170.1 go for sell
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