MTECHTIPS MCX ZINC INTRADAY trading tips 09-02-2017

MTECHTIPS MCX ZINC INTRADAY trading tips 09-02-2017
MTECHTIPS Mcx Zinc is in 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 on SELL signal and Zinc is coming down from overbought level For short term Zinc is in SELL position.Positionally Support for the Zinc is 189-188-186-182-179-172-. Immediate resistance for Zinc is 196
Short term and Intraday Level of ZINC

Currently Zinc is in HOLD SHORT position Zinc is showing some Up momentum So buy above 189.0 with stop at 184.35 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 193.4 with a stop at 189.4 Below 188.3 go for sell and put stop at 192.3
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