Thursday, 13 November 2014

CAPITAL STROKE UPDATE 14 November 2014 : MCX ZINC




ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-142 R1-140 S1-136 S2-134 
Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend and the 
trend is supported with good volume The open interest is not increasing with trend . Noting point is 
selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Zinc is 
in HOLD SHORT position.Positionally Immediate support for Zinc is 134.Resistance for the Zinc is 
140-141-142-

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