CAPITAL STROKE COMMODITY UPDATE 31 JULY 2014 : MCX ZINC

CMP-145 The 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 Zinc is in HOLD LONG position.Positionally Support for the Zinc is 141-139-137-130-128-126-. Immediate resistance for Zinc is 147.

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