MTECHTIPS MCX ZINC INTRADAY trading tips 29-11-2016

MTECHTIPS MCX ZINC INTRADAY trading tips 29-11-2016
MTECHTIPS MCX 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 . In last few days lot of positive accumulation happened in the Zinc. 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 179-175-170-161-158-156-. Immediate resistance for Zinc is 205
Short term and Intraday Level of ZINC

Currently Zinc is in HOLD LONG position Zinc has formed new high but the trend looks weak so better buy above 199.7 The Zinc is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Sell if open below 188.6 with stop loss at 196.3 or sell below 185.1 Buy is not advised till it cross 199.7

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