Friday, 12 September 2014

CAPITAL STROKE UPDATE 12-September-2014 : MCX ZINC




ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-142 R1-140 S1-136 S2-134
The Zinc is in long- term bull phase .Currently Zinc is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend  The oscillator is showing SELL signal For short term Zinc is in HOLD SHORT position.Positionally Support for the Zinc is 135-132-.Resistance for the Zinc is 142-143-144-

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