MTECHTIPS MCX ZINC BUY 137 STOPLOSS 135.5 TGT 138.30 TGT 139.50

MTECHTIPS MCX ZINC intraday trading analysis 13-04-2015
Mcx Zinc Future On Last Trading Session Closed At 137.45 With Gain. On Daily Chart Zinc Future Is Trading Way Below Its Month Pivot Level Of 132.5. On upside 138.5 And Then 140 Are Strong Support Zones. These Level Will Be Target Zones If Trend Continues. Above Pivot Level Of 134, Mcx Zinc Future Has Resistances At 138.5 And Then 140.5. On Trend Reversal And Breakout Above Pivot These Levels Will Be Target Zones For Zinc. Daily Chart Price Pattern As Well As Indicators Patterns Are Bullish And Suggesting Upside For Prices In Near Future.

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