MTECHTIPS MCX ZINC INTRADAY trading tips 17-01-2017

MTECHTIPS MCX ZINC INTRADAY trading tips 17-01-2017
MTECHTIPS Mcx Zinc is in perfect uptrend .Currently Zinc is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Zinc is 181-179-178-171-166-. Immediate resistance for Zinc is 191
Short term and Intraday Level of ZINC

Currently Zinc is in HOLD LONG position Zinc is moving sideways so short term investor better to buy only above 189.7 with stop at 182.4 The Zinc is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 189.8 with a stop at 185.2 Below 183.9 go for sell
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