Thursday 30 October 2014

CAPITAL STROKE UPDATE 30 October 2014 : MCX ZINC




ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-145 R1-143 S1-139 S2-137

The Zinc is in long- medium- short-medium- short- term bull phase .Currently Zinc is moving sideways The oscillator is showing SELL signal but has moved past its recent high with good volume points to a positive break out . The oscillator is showing SELL signal For short term Zinc is in SELL position and closed above 1 week high with volume signals up breakout.Positionally Support for the Zinc is 139-138-137-. Immediate resistance for Zinc is 142

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