Trend updated
for-Mar/28/2013.CMP-103 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 .. 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 101.Resistance for the Zinc is
104-105-107-111-
Currently Zinc is in HOLD SHORT position Zinc
is in sideways so for short term better buy above 103.6 with stop at
101.3 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 103.6 with a stop at 102 Below 101.6 go for sell and put stop at 103.2
Intraday Trend- Buy is advised only above 103.6 with a stop at 102 Below 101.6 go for sell and put stop at 103.2
Intraday Resistance of ZINC are 103.4/104.1/107.1/110/115.1/117.9/123.4/129.1
Intraday Support of ZINC are 101.8/101.1/97.4/94.7/90.1/87.6/83/78.5
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