Thursday 15 January 2015

CAPITAL STROKE UPDATE 16-JAN-2015 : MCX ZINC

Trend updated for-Jan/16/2014.CMP-127 Overall trend of the Zinc is bearish for medium-long term Currently Zinc is in strong downtrend but volume is unsatisfactory 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 Immediate support for Zinc is 124.Resistance for the Zinc is 134-136-138-139-140-ort term Zinc is in SELL position.Positionally Immediate support for Zinc is128.Resistance for the Zinc is 137-139-140-

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