ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-145 R1-143 S1-137 S2-135
The Zinc is in long- medium- 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 SELL signal For short term Zinc is in HOLD LONG position.Positionally Support for the Zinc is 133-129-127-.Resistance for the Zinc is 141-144-145-
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