MTECHTIPS MCX ZINC INTRADAY trading tips 16-08-2017

MTECHTIPS MCX ZINC INTRADAY trading tips 16-08-2017
MTECHTIPS Mcx Zinc is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Zinc is 182-181-180-175-172-. Immediate resistance for Zinc is 191 Short term and Intraday Level of ZINCCurrently Zinc is in HOLD LONG position Zinc is moving sideways with low volatality so short term investor better to buy if close above 190.2 close below 182.35 sell will happen. The Zinc is now trading is approaching overbought level. The oscillator is on SELL signal and Zinc is coming down from overbought level
Intraday Trend-Intraday better to buy above 189.4 and Sell if below183.9
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