MTECHTIPS MCX ZINC INTRADAY trading tips 06-02-2017

MTECHTIPS MCX ZINC INTRADAY trading tips 06-02-2017
MTECHTIPS Zinc is in long- medium- short-medium- term bull phase .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 Zinc is now trading in overbought level. The Zinc is now trading in overbought level. The oscillator is showing SELL signal For short term Zinc is in HOLD LONG position.Positionally Support for the Zinc is 184-183-177-171-.Resistance for the Zinc is 190-191-
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 194.65 or hold with stop at 185.8 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 190 with a stop at 185 Below 183.6 go for sell
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