Monday 20 October 2014

CAPITAL STROKE UPDATE 21 October 2014 : MCX ZINC




ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-139 R1-137 S1-133 S2-131
Overall trend of the Zinc is bearish for medium-long term .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 .. The oscillator is showing SELL signal For short term Zinc is in HOLD SHORT position.Positionally Immediate support for Zinc is 134.Resistance for the Zinc is 138-140-142-


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