MTECHTIPS MCX ZINC INTRADAY trading tips 19-01-2017

MTECHTIPS MCX ZINC INTRADAY trading tips 19-01-2017
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 183-180-179-172-167-. Immediate resistance for Zinc is 191
Short term and Intraday Level of ZINC

Currently Zinc is in HOLD SHORT position Zinc is in sideways and sellers was at high so for short term better buy above 191.3 or hold with stop at 181.5 The next resistance will be at 189.7 The Zinc is now trading is approaching overbought level. The oscillator is on SELL signal and Zinc is coming down from overbought level
Intraday Trend- Buy is advised only above 191.3 with a stop at 186.7 Below 185.5 go for sell and put stop at 190
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