MTECHTIPS MCX ZINC INTRADAY trading tips 16-01-2017

MTECHTIPS MCX ZINC INTRADAY trading tips 16-01-2017
MTECHTIPS Mcx Mcx Zinc Future This Week Closed At 189.55 With Gain. This Was Third Weekly Gains For Zinc Prices And In These 3 Weeks Zinc Future Rallied From Low Of 166 To High Of Almost 190. Total 24 Rupee Or Almost 15% Gains In Very Short Time And Strong Positive Closing. For 2017, Mcx Zinc Technically Remain Bullish Above 158 Rupee Support Level. On Upside 219 And 265 Are Target Zones As Well As Main Long Term Resistance Levels. Weekly Closing Below 158 Means Bearish Breakdown Of Zinc For 2017 And In That Scenario Expect Lower Levels Up To 114 To 90 In Longer Terms.
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