Thursday 16 October 2014

CAPITAL STROKE UPDATE 17 October 2014 : MCX ZINC




ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-142 R1-140 S1-136 S2-134

The Zinc is in long- term bull phase .Currently Zinc is moving sideways The oscillator is showing BUY signal and has moved down its previous low with good volume points to a negative break out . The oscillator is showing BUY signal For short term Zinc is in HOLD SHORT position and Zinc closed below 1 week low with volume signals down breakout.Positionally Support for the Zinc is 136-.Resistance for the Zinc is 141-142-143-

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