Saturday, 23 March 2013

Zinc news 25/03/2013

Trend updated for-Mar/25/2013.CMP-105 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend 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 Zinc is now trading in oversold level. The Zinc is now trading in oversold level. The oscillator is showing BUY signal For short term Zinc is in HOLD SHORT position.Positionally Immediate support for Zinc is 102.Resistance for the Zinc is 106-109-111-112-
Currently Zinc is in HOLD LONG position In short term Zinc is in strong up trend so hold with stop at 104 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 106.6 with a stop at 104.5 Below 103.9 go for sell with a stop at 106
Intraday Resistance of ZINC are 106.2/107.1/109.7/112.6/117.7/120.6/126.2/131.9
Intraday Support of ZINC are 104.3/103.4/99.9/97.1/92.5/89.9/85.3/80.7

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