Sunday, 26 October 2014

CAPITAL STROKE UPDATE 27 October 2014 : MCX ZINC




ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-141 R1-139 S1-136 S2-134

Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .The oscillator is showing SELL signal For short term Zinc is in SELL position.Positionally Immediate support for Zinc is 132.Resistance for the Zinc is 140-141-142-


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