Monday 20 October 2014

CAPITAL STROKE UPDATE 20 OCTOBER 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 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 HOLD SHORT position.Positionally Support for the Zinc is 136-.Resistance for the Zinc is 140-141-142-143-

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