Wednesday, 8 October 2014

CAPITAL STROKE UPDATE 8 October 2014 : MCX ZINC




ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-147 R1-145 S1-140 S2-138

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 . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Zinc is in HOLD LONG position and closed above 3 week high with volume signals up breakout.Positionally Support for the Zinc is 140-139-138-135-. Immediate resistance for Zinc is 145

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