Monday, 25 March 2013

Zinc trend 26/03/2013

Trend updated for-Mar/26/2013.CMP-104 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is moving sideways The Zinc is now trading in highly oversold level. The Zinc is now trading in highly oversold level. The oscillator is showing BUY signal .In last 1 month volatality is very less Buy the Zinc above 108 or buy with strict stop at 102. The Zinc is now trading in highly oversold level. The Zinc is now trading in highly 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 105-108-111-


Currently Zinc is in HOLD LONG position Zinc is moving sideways so short term investor better to buy only above 105.75 or hold with stop at 103.55 The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 105.6 with a stop at 103.6 Below 103.1 go for sell
Intraday Resistance of ZINC are 105.1/105.7/109.4/112.3/117.4/120.3/125.9/131.5
Intraday Support of ZINC are 103.6/103/99.6/96.8/92.2/89.7/85/80.4

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