MTECHTIPS MCX ZINC INTRADAY trading tips 11-09-2017

MTECHTIPS MCX ZINC INTRADAY trading tips 11-09-2017
MTECHTIPS Mcx Zinc is in long- medium- term bull phase .Currently Zinc is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is on SELL signal and Zinc is coming down from overbought level For short term Zinc is in HOLD LONG position and closed below 3 week low with volume signals down breakout.Positionally Support for the Zinc is 186-179-176-.Resistance for the Zinc is 196-200-201- Short term and Intraday Level of ZINCZinc and closed below 1 week low with volume signals down breakoutCurrently Zinc is in HOLD SHORT position The Zinc is in downtrend For short term buy only if close above 201.0 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 198 with a stop at 191.3 Below 189.3 go for sell
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