Tuesday, 4 November 2014

CAPITAL STROKE UPDATE 5 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 moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Zinc if it close above145 or buy with strict stop at 132. The oscillator is showing BUY signal For short term Zinc is in HOLD LONG position.Positionally Immediate support for Zinc is 132.Resistance for the Zinc is 141-142-

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