MTECHTIPS MCX ZINC INTRADAY trading tips 11-10-2017

MTECHTIPS MCX ZINC INTRADAY trading tips 11-10-2017
MTECHTIPS 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 Zinc is now trading in overbought level. The Zinc is now trading in overbought level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Zinc is 211-208-203-197-191-184-. Immediate resistance for Zinc is 220 Short term and Intraday Level of ZINC
Currently Zinc is in HOLD SHORT position Zinc has crossed the 5 day high but the trend was not strong and sellers was at high so for short term better buy above 220.8 with stop at 212.05 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- Buy is advised only above 220.8 with a stop at 215.3 Below 213.8 go for sell and put stop at 219.3.
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