Wednesday 15 October 2014

CAPITAL STROKE UPDATE 16 October 2014 : MCX ZINC




ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-148 R1-146 S1-142 S2-140

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 . In last few days lot of positive accumulation happened in the Zinc. The oscillator is showing BUY signal For short term The current position is BUY and closed above 3 week high with volume signals up breakout.Positionally Support for the Zinc is 141-140-139-136-. Immediate resistance for Zinc is 145

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