Trend updated
for-Mar/20/2013.CMP-104 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 Zinc is now trading in
oversold level. The Zinc is now trading in oversold level. The
oscillator is showing SELL signal For short term Zinc is in SELL
position.Positionally Immediate support for Zinc is 102.Resistance
for the Zinc is 106-107-110-111-112-
Currently Zinc is in HOLD SHORT position The
Zinc is in downtrend For short term buy only if close above 104.0 The
Zinc is now trading in highly oversold level. The oscillator is
showing SELL signal
Intraday Trend- Buy is advised only above 104.8 with a stop at 102.7 Below 102.2 go for sell and put stop at 104.3
Intraday Resistance of ZINC are 104.2/104.8/108.3/111.2/116.3/119.2/124.7/130.3
Intraday Support of ZINC are 102.8/102.2/98.5/95.8/91.2/88.7/84/79.5
No comments:
Post a Comment