MTECHTIPS MCX ZINC INTRADAY trading tips 25-01-2017

MTECHTIPS MCX ZINC INTRADAY trading tips 25-01-2017
MTECHTIPS Mcx 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 Zinc is now trading in overbought level. The Zinc is now trading in overbought level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Zinc is 186-184-181-180-174-168-. Immediate resistance for Zinc is 193
Short term and Intraday Level of ZINC

Currently Zinc is in HOLD LONG position Zinc is in sideways and sellers was at high so for short term better buy above 194.5 or hold with stop at 184.0 The next resistance will be at 192.35 The Zinc is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 194.5 with a stop at 190.7 Below 189.7 go for sell and put stop at 193.5
WWW.MTECHTIPS.COM
07489294118-119