MTECHTIPS MCX ZINC INTRADAY trading tips 02-01-2018

MTECHTIPS MCX ZINC INTRADAY trading tips 02-01-2018

MTECHTIPS 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 208-207-206-205-204-. Immediate resistance for Zinc is 214 Short term and Intraday Level of ZINC Currently Zinc is in HOLD LONG position Zinc is moving sideways so short term investor better to buy only above 212.8 with stop at 207.9 The Zinc is now trading in highly overbought level. The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 213.6 with a stop at 210.7 Below 210 go for sell

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