MTECHTIPS MCX ZINC INTRADAY trading tips 09-10-2017

MTECHTIPS MCX ZINC INTRADAY trading tips 09-10-2017
MTECHTIPS The Zinc is in perfect uptrend .Currently Zinc is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Zinc is 209-205-202-196-190-183-. Immediate resistance for Zinc is 220 Short term and Intraday Level of ZINC Currently Zinc is in HOLD LONG position Zinc is moving sideways with low volatality so short term investor better to buy if close above 218.8 close below 206.1 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 218.1 and Sell if below210.1.
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