Wednesday 23 July 2014

CAPITAL STROKE UPDATE 24 July-2014 : MCX ZINC




ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-145 R1-143 S1-139 S2-137
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 Zinc is now trading in overbought level. The Zinc is now trading in overbought level. The oscillator is showing BUY signal For short term Zinc is in HOLD LONG position.Positionally Support for the Zinc is 138-137-135-128-126-125-. Immediate resistance for Zinc is 144

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