Monday, 1 April 2013

Zinc news

Trend updated for-Apr/01/2013.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 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 104-106-111-
Currently Zinc is in SELL position Zinc is in down trend so buy above 104.0 The sell will again come if below 101.3 The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 103.9 with a stop at 102.3 Below 101.9 go for sell

Intraday Resistance of ZINC are 103.7/104.4/107.7/110.7/115.7/118.6/124.1/129.7
Intraday Support of ZINC are 102.1/101.4/98/95.2/90.7/88.2/83.5/79

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