Wednesday 13 August 2014

CAPITAL STROKE UPDATE 14-August-2014 : MCX ZINC



ZINC: - CONSOLIDATE STRATEGY SELL ON HIGH R2-143 R1-141 S1-137 S2-135
Trend updated for-Aug/14/2014.CMP-139 The Zinc is in long- medium- term bull phase .Currently Zinc is in strong downtrend with good momentum 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 SELL position.Positionally Support for the Zinc is 134-130-128-.Resistance for the Zinc is 142-144-

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