MTECHTIPS MCX ZINC INTRADAY trading tips 12-10-2017

MTECHTIPS MCX ZINC INTRADAY trading tips 12-10-2017
MTECHTIPS Zinc is in long- medium- short-medium- short- term bull phase .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 209-204-198-191-185-. Immediate resistance for Zinc is 220 Short term and Intraday Level of ZINC Currently Zinc is in HOLD SHORT position Zinc is moving sideways so short term investor better to buy only above 217.5 or hold with stop at 211.55 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 216.4 with a stop at 210.8 Below 209.3 go for sell.
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