MTECHTIPS MCX ZINC INTRADAY trading tips 29-12-2016

MTECHTIPS MCX ZINC INTRADAY trading tips 29-12-2016
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 174-166-163-.Resistance for the Zinc is 179-181-184-
Short term and Intraday Level of ZINC

Currently Zinc is in HOLD SHORT position Zinc is showing some Up momentum So buy above 175.0 with stop at 166.85 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 179.5 with a stop at 174 Below 172.4 go for sell and put stop at 177.9
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