Wednesday 10 September 2014

CAPITAL STROKE UPDATE 10-September-2014 : MCX ZINC



ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-144 R1-142 S1-138 S2-136

The Zinc is in long- term bull phase .Currently Zinc is showing some down move and the trend and not gained strength and supported with good volume The open interest is not increasing with trend . Caution note selling at lower levels seems decreasing. The oscillator is showing BUY signal For short term Zinc is in HOLD LONG position and Zinc closed below 1 week low with volume signals down breakout.Positionally Support for the Zinc is 135-132-.Resistance for the Zinc is 142-143-144-

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