ZINC TREND & INTRADAY LEVELS
Trend updated for-Jan/05/2014.CMP-139 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is showing some up move after small correction and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend . Caution note buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY and closed above 3 week high with volume signals up breakout.Positionally Support for the Zinc is 137-136-. Immediate resistance for Zinc is 141
Trend updated for-Jan/05/2014.CMP-139 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is showing some up move after small correction and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend . Caution note buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY and closed above 3 week high with volume signals up breakout.Positionally Support for the Zinc is 137-136-. Immediate resistance for Zinc is 141
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