MTECHTIPS MCX ZINC INTRADAY trading tips 20-04-2017

MTECHTIPS MCX ZINC INTRADAY trading tips 20-04-2017
MTECHTIPS Mcx Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Zinc is in SELL position.Positionally Immediate support for Zinc is 161.Resistance for the Zinc is 171-174-178-184-185-
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 169.4 or hold with stop at 161.9 The next resistance will be at 169.5 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 169.4 with a stop at 163.3 Below 161.4 go for sell and put stop at 167.5
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