Monday, 11 August 2014

CAPITAL STROKE UPDATE 12-August-2014 : MCX ZINC




ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-145 R1-143 S1-137 S2-135
The Zinc is in long- medium- short-medium- term bull phase .Currently Zinc is in 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 SELL signal For short term Zinc is in SELL position.Positionally Support for the Zinc is 140-134-130-127-.Resistance for the Zinc is 144-145-

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