MTECHTIPS MCX ZINC INTRADAY trading tips 26-04-2017

MTECHTIPS MCX ZINC INTRADAY trading tips 26-04-2017
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 .. 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 HOLD SHORT position.Positionally Immediate support for Zinc is 161.Resistance for the Zinc is 171-175-182-183-184-
Short term and Intraday Level of ZINC

Currently Zinc is in HOLD LONG position Zinc is in profit booking mode so either sell of or keep stop at166 so better sell and enter at lower level The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 168.3 with a stop at 165.9 Below 165.3 go for sell
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