MTECHTIPS MCX ZINC INTRADAY trading tips 25-07-2017

MTECHTIPS MCX ZINC INTRADAY trading tips 25-07-2017
MTECHTIPS Mcx Zinc is in long- medium- short-medium- term bull phase .Currently Zinc is in strong downtrend with good momentum but volume is unsatisfactory 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 Support for the Zinc is 177-172-170-169-.Resistance for the Zinc is 181-
Short term and Intraday Level of ZINCCurrently Zinc is in HOLD SHORT position Zinc is showing some Up momentum So buy above 179.0 with stop at 174.7 The Zinc is now trading is approaching oversold level. The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 181.1 with a stop at 178.4 Below 177.7 go for sell and put stop at 180.4

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