Trend updated
for-Mar/19/2013.CMP-103 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 SELL position and closed below 1
month low with volume signals down breakout.Positionally Immediate
support for Zinc is 102.Resistance for the Zinc is
106-107-110-111-112-
Zinc and closed below 1 week low with volume signals
down breakoutCurrently Zinc is in SELL position The Zinc is in
downtrend For short term buy only if close above 105.0 The Zinc is
now trading is approaching oversold level. The oscillator is showing
SELL signal
Intraday Trend- Buy is advised above 104.1 with a stop at 101.8 Below 101.2 go for sell
Intraday Resistance of ZINC are 103.2/103.8/104.7/108.1/111.1/116.1/119/124.5/130.2
Intraday Support of ZINC are 102.1/101.5/100.6/98.4/95.6/91/88.5/83.9/79.4
Intraday Trend- Buy is advised above 104.1 with a stop at 101.8 Below 101.2 go for sell
Intraday Resistance of ZINC are 103.2/103.8/104.7/108.1/111.1/116.1/119/124.5/130.2
Intraday Support of ZINC are 102.1/101.5/100.6/98.4/95.6/91/88.5/83.9/79.4
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