MTECHTIPS MCX ZINC INTRADAY trading tips 16-03-2017

MTECHTIPS MCX ZINC INTRADAY trading tips 16-03-2017
MTECHTIPS Mcx Zinc is in long- term bull phase .Currently Zinc is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend .. The Zinc is now trading in oversold level. The Zinc is now trading in oversold level. The oscillator is showing BUY signal For short term Zinc is in SELL position.Positionally Support for the Zinc is 181-180-.Resistance for the Zinc is 186-188-
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 186.7 or hold with stop at 176.4 The next resistance will be at 184.15 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 186.7 with a stop at 182 Below 180.7 go for sell and put stop at 185.4
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