MTECHTIPS MCX ZINC INTRADAY trading tips 23-05-2017

MTECHTIPS MCX ZINC INTRADAY trading tips 23-05-2017
MTECHTIPS Mcx Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend with good momentum 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 BUY signal For short term Zinc is in HOLD SHORT position.Positionally Support for the Zinc is 166-165-.Resistance for the Zinc is 174-179-181-
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 171.5 or hold with stop at 159.35 The next resistance will be at 170.65 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 171.5 with a stop at 169.5 Below 169 go for sell and put stop at 171
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