Wednesday 20 August 2014

CAPITAL STROKE UPDATE 21-August-2014 : MCX ZINC



ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-147 R1-145 S1-141 S2-139
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 135-130-128-.Resistance for the Zinc is 142-143-144-


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